HR 3135 · 111th Congress · Taxation
To amend the Internal Revenue Code of 1986 to provide additional incentives for facilities producing electricity from wind.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2009-07-08)
Plain Language Summary
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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