To amend the Internal Revenue Code of 1986 to provide credit rate parity for all renewable resources under the electricity production credit.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate after 2006 the reduction in the rate of the tax credit for electricity produced from open-loop biomass, small irrigation power, landfill gas, trash combustion, and hydropower facilities (thus allowing the same credit rate for all renewable resource facilities).…