HR 3135 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide additional incentives for facilities producing electricity from wind.

Introduced 2009-07-08· Sponsored by Rep. Walz, Timothy J. [D-MN-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-07-08)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow: (1) individual taxpayers investing in wind facilities used to produce electricity an exemption from limitations on passive activity losses and credits; and (2) tax credit amounts for producing electricity from wind facilities to offset alternative minimum tax liability.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (9)

8 Democrats1 Republican