Senate Bill 3032
116th Congress(2019-2020)
Renewable Energy Transferability Act
Introduced
Introduced in Senate on Dec 12, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3032
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Renewable Energy Transferability Act
This bill allows tax credits for renewable energy to be transferred to project partners. The bill applies to the tax credits for (1) renewable electricity production, (2) investments in renewable energy property, and (3) carbon oxide sequestration.
December 12, 2019
12/12/2019
Read twice and referred to the Committee on Finance.
12/12/2019
Introduced in Senate
Public Record
Record Updated
Oct 28, 2022 1:45:58 AM