Prioritizing Energy-Efficient Renewables Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Oct 9, 2015)
Prioritizing Energy-Efficient Renewables Act of 2015
This bill amends the Internal Revenue Code to: (1) make permanent the tax credit for producing electricity from wind, geothermal and solar energy, hydropower, and marine and hydrokinetic renewable energy facilities; (2) repeal the tax deduction for intangible drilling and development costs for oil and gas wells; (3) repeal the tax deduction for income attributable to the production, refining, transportation, or distribution of oil, natural gas, or any primary product thereof; and (4) repeal the percentage depletion allowance for oil and gas wells.
What just happenedOct 9, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseOct 9, 2015
- Oct 9, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Oct 9, 2015IntroReferralIntro-H
Introduced in House
- Oct 9, 2015IntroReferral1000
Introduced in House