S.Amdt. 628
What it does: Adds SEC. ____. 5-YEAR EXTENSION OF CREDIT FOR ELECTRICITY PRODUCED FROM WIND on page 281, between lines 2 and 3
Sen. Byron L. Dorgan (D-ND)What it changes
1 change to S. 1054
Adds SEC. ____. 5-YEAR EXTENSION OF CREDIT FOR ELECTRICITY PRODUCED FROM WIND on page 281, between lines 2 and 3
Adds a sectionPrinted pageInserted: SEC. ____. 5-YEAR EXTENSION OF CREDIT FOR ELECTRICITY PRODUCED FROM WIND.
Inserted: (a) In General.--Section 45(c)(3)(A) (relating to wind facility) is amended by striking "2004" and inserting "2009".
Inserted: (b) Delay in Acceleration of Top Rate Reduction In Individual Income Tax Rates.--Notwithstanding the amendment made by section 102(a) of this Act, in lieu of the percent specified in the last column of the table in paragraph (2) of section 1(i) of the Internal Revenue Code of 1986, as amended by such section 102(a), for taxable years beginning during calendar year 2003 "37.6%" shall be substituted for "35%".
Original wording
On page 281, between lines 2 and 3, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 628. Mr. DORGAN submitted an amendment intended to be proposed by him to the bill S. 1054, to provide for reconciliation pursuant to section 201 of the concurrent resolution on the budget for fiscal year 2004; which was ordered to lie on the table; as follows:
On page 281, between lines 2 and 3, insert the following:
SEC. ____. 5-YEAR EXTENSION OF CREDIT FOR ELECTRICITY PRODUCED FROM WIND.
(a) In General.--Section 45(c)(3)(A) (relating to wind facility) is amended by striking “2004” and inserting “2009”.
(b) Delay in Acceleration of Top Rate Reduction In Individual Income Tax Rates.--Notwithstanding the amendment made by section 102(a) of this Act, in lieu of the percent specified in the last column of the table in paragraph (2) of section 1(i) of the Internal Revenue Code of 1986, as amended by such section 102(a), for taxable years beginning during calendar year 2003 “37.6%” shall be substituted for “35%”.
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Senate amendment submitted
May 15, 2003