House Bill 5157
116th Congress(2019-2020)
Renewable Energy Investment Act of 2019
Introduced
Introduced in House on Nov 19, 2019
Origin Chamber
House
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
5157
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 House votes have been held for this bill.
Summary
Renewable Energy Investment Act of 2019
This bill allows Indian tribal governments and other taxpayers to elect to receive tax excludable payments in lieu of credit amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources. The payments to such other taxpayers are limited to 85% of the credit amounts.
November 19, 2019
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11/19/2019
Referred to the House Committee on Ways and Means.
11/19/2019
Introduced in House
Public Record
Record Updated
Oct 28, 2022 2:00:28 AM