PTC Elimination Act
Latest action · Sep 23, 2020 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.
- IntroducedSep 23, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
PTC Elimination Act
This bill repeals the tax credit for producing electricity from renewable resources (e.g., wind, biomass, trash, geothermal or solar energy facilities). The bill also expresses the sense of Congress that such credit should be allowed to expire and should not be extended.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Sep 23, 2020 to Nov 17, 2020, with 3 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-ND | John Hoeven | Original | Sep 23, 2020 |
| R-ND | Kevin Cramer | Original | Sep 23, 2020 |
| R-WV | Shelley Moore Capito | Original | Sep 23, 2020 |
| R-TN | Lamar Alexander | Nov 17, 2020 |
Actions 2
Everything that happened, newest first.
- Sep 23, 2020Introduced in Senate
- Sep 23, 2020Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 8359 | PTC Elimination Act | Identical bill | Sep 23, 2020 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Sep 23, 2020Introduced in Senate
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.