HR 4967 · 111th Congress · Taxation
To amend the Internal Revenue Code of 1986 to provide an exception to the arbitrage rules for prepayments for electricity generated from renewable resources.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2010-03-25)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to modify bond arbitrage rules to provide that an investment-type property does not include a prepayment under a qualified renewable electricity contract, thus exempting such prepayments from arbitrage restrictions.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
5 Democrats1 Republican