US HB4967 | 2009-2010 | 111th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on March 25 2010 - 25% progression, died in committee
Action: 2010-03-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 25 2010 - 25% progression, died in committee
Action: 2010-03-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to modify bond arbitrage rules to provide that an investment-type property does not include a prepayment under a qualified renewable electricity contract, thus exempting such prepayments from arbitrage restrictions.
Title
To amend the Internal Revenue Code of 1986 to provide an exception to the arbitrage rules for prepayments for electricity generated from renewable resources.
Sponsors
| Rep. Earl Blumenauer [D-OR] | Rep. Mary Bono Mack [R-CA] | Rep. Russ Carnahan [D-MO] | Rep. Gabrielle Giffords [D-AZ] |
| Rep. Raul Grijalva [D-AZ] | Sen. Ben Lujan [D-NM] | Rep. Mike Thompson [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-25 | Referred to the House Committee on Ways and Means. |
Subjects
Alternative and renewable resources
Contracts and agency
Electric power generation and transmission
Securities
Tax administration and collection, taxpayers
Taxation
Contracts and agency
Electric power generation and transmission
Securities
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/4967/all-info |
| Text | https://www.congress.gov/111/bills/hr4967/BILLS-111hr4967ih.pdf |
