legislation: 108-hr-5266

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
108-hr-5266 108 hr 5266 To amend the Internal Revenue Code of 1986 to encourage investment in facilities which use woody biomass to produce electricity. Taxation 2004-10-07 2004-10-07 Referred to the House Committee on Ways and Means. House Rep. McInnis, Scott [R-CO-3] CO R M000477 0 Amends the Internal Revenue Code to allow a tax credit for up to 20 percent of the basis of qualified woody biomass energy property placed in service in any taxable year. Defines "qualified woody biomass energy property" as new property which is used to produce electricity from woody biomass (e.g., trees and woody plant debris) placed in service before January 1, 2010, and which has a useful life of not less than five years. 2023-01-14T22:48:41Z  

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