S.1291 - A bill to amend the Internal Revenue Code of 1986 to provide a renewable electricity integration credit for a utility that purchases or produces renewable power.

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  • Official: A bill to amend the Internal Revenue Code of 1986 to provide a renewable electricity integration credit for a utility that purchases or produces renewable power. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
06/28/11
 
 
 
 
 
 
 

Official Summary

Amends the Internal Revenue Code to allow an electric utility: (1) a renewable electricity integration tax credit for the purchase or production of renewable power, or (2) a payment in lieu of such credit for sales of renewable electricity to retail customers.

Official Summary

Amends the Internal Revenue Code to allow an electric utility:
(1) a renewable electricity integration tax credit for the purchase or production of renewable power, or
(2) a payment in lieu of such credit for sales of renewable electricity to retail customers.

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