Prioritizing Energy-Efficient Renewables Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 13, 2017)
Prioritizing Energy-Efficient Renewables Act of 2017
This bill amends the Internal Revenue Code to: (1) make permanent the tax credits for producing electricity from wind, geothermal 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 happenedDec 13, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseDec 13, 2017
- Dec 13, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Dec 13, 2017IntroReferralIntro-H
Introduced in House
- Dec 13, 2017IntroReferral1000
Introduced in House