H.R. 2626

Renewable Energy Parity Act

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I

111th CONGRESS

1st Session

H. R. 2626

IN THE HOUSE OF REPRESENTATIVES

May 21, 2009

Mr. Meek of Florida (for himself and Mr. Herger) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to provide tax credit parity for electricity produced from renewable resources.

1.

Short title

This Act may be cited as the Renewable Energy Parity Act.

2.

Tax credit parity for electricity produced from renewable resources

(a)

In general

Subparagraph (A) of section 45(b)(4) of the Internal Revenue Code of 1986 is amended by inserting and before 2010 after any calendar year after 2003.

(b)

Effective date

The amendment made by this section shall apply to electricity produced and sold after December 31, 2009.