To amend the Internal Revenue Code of 1986 to allow Indian tribal governments to transfer the credit for electricity produced from renewable resources.
Latest action · Apr 19, 2007 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 19, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to allow an Indian tribal government, in the case of a facility that uses a renewable energy resource to produce electricity in which such government has an ownership interest in the gross sales from such facility, to assign to any other person who has such an ownership interest in such facility any portion of the production from the facility that would, but for this Act, be allocated to such government for purposes of the renewable electricity production credit.
Makes such amendment applicable to electricity produced and sold after December 31, 2006.
Cosponsors 7
Members who signed on, in the order they did. Signatures ran from Apr 24, 2007 to Feb 28, 2008.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-AZ | Ed Pastor | Apr 24, 2007 | |
| D-MN | Betty McCollum | May 15, 2007 | |
| D-KS | Dennis Moore | May 15, 2007 | |
| D-SD | Stephanie Herseth Sandlin | May 17, 2007 | |
| D-IL | Phil Hare | Oct 10, 2007 | |
| D-MN | Keith Ellison | Nov 8, 2007 | |
| D-UT | Jim Matheson | Feb 28, 2008 |
Actions 2
Everything that happened, newest first.
- Apr 19, 2007Introduced in House
- Apr 19, 2007Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2520 | A bill to amend the Internal Revenue Code of 1986 to allow Indian tribal governments to transfer the credit for electricity produced from renewable resources. | Identical bill | Dec 19, 2007 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 19, 2007Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.