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To amend the Internal Revenue Code of 1986 to provide rate parity for open-loop and closed-loop biomass facilities under the renewable fuels tax credit.
previous 110th session of congress Other Bill Titles (1 more) 6/15/2007--Introduced.
Amends the Internal Revenue Code to eliminate the reduction in the rate of the tax credit for producing electricity from open-loop biomass facilities (thus making such rate equal to the tax credit rate for closed-loop biomass facilities).
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Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced |  | Voted on by House | | Voted on by Senate | | Considered By President | | Bill Becomes Law |
| June 15, 2007 |
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Blog Coverage
June 14, 2007 HR 2742, To amend the Internal Revenue Code of 1986 to provide ...
HR 2742 would amend the Internal Revenue Code of 1986 to provide rate parity for open-loop and closed-loop biomass facilities under the renewable fuels tax credit....
June 14, 2007 Bill Action: Introduced: HR 2742: To amend the Internal Revenue ...
Michael Arcuri [D-NY] introduced HR 2742: To amend the Internal Revenue Code of 1986 to provide rate parity for open-loop and closed-loop biomass facilities under the renewable fuels tax credit. [This event matched these monitors: ...
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