A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for the purchase of certain nonroad equipment powered by alternative power sources.

Fact Sheet API

Bill Number

S 929

Introduced

Apr 29, 2009

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4897)

Sponsor

Cosponsors

Topics

Air quality Alternative and renewable resources Environmental technology Income tax credits Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to allow a tax credit for 25%, up to $1,000, of the cost of certain nonroad equipment (e.g., lawn, garden, or forestry power equipment) powered by alternative power sources.

Actions

Apr 29, 2009

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4897)
Apr 29, 2009

Sponsor introductory remarks on measure. (CR S4897)
Apr 29, 2009

Introduced in Senate

Amendments

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