S 1697 · 110th Congress 2007–2009, ended

Renewable Energy Tax Parity Act of 2007

Fact sheet

Latest action · Jun 26, 2007 Read twice and referred to the Committee on Finance.

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.

  1. IntroducedJun 26, 2007
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Renewable Energy Tax Parity Act of 2007 - Amends the Internal Revenue Code to include a 30% credit for qualified biomass fuel property expenditures as part of the tax credit for residential energy efficient property. Defines "qualified biomass fuel property expenditure" as an expenditure for property which uses the burning of biomass fuel (i.e., any renewable plant-derived fuel) to heat a residence and which has a thermal efficiency rating of at least 75%.

Cosponsors 3

Members who signed on, in the order they did. Signatures ran from Jun 26, 2007 to Jul 23, 2007, with 2 there on the day it was introduced.

SeatCosponsorSigned on
R-SDJohn ThuneOriginalJun 26, 2007
R-NHJudd GreggOriginalJun 26, 2007
I-VTBernard SandersJul 23, 2007

Actions 2

Everything that happened, newest first.

  1. Jun 26, 2007Introduced in Senate
  2. Jun 26, 2007Read twice and referred to the Committee on Finance.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 3107Renewable Energy Tax Parity Act of 2007Identical billJul 19, 2007

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Jun 26, 2007Introduced in Senate

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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.