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H.R. 5157

Renewable Energy Investment Act of 2019

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.

Referred to the House Committee on Ways and Means.

Rep. Blumenauer, Earl [D-OR-3](D-OR)Sponsor
9 cosponsors9 D
9cosponsors1committees3actions2related bills5subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Renewable Energy Investment Act of 2019 — Informed