S. 1090

REPAIR Act

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II

111th CONGRESS

1st Session

S. 1090

IN THE SENATE OF THE UNITED STATES

May 20, 2009

Mr. Wyden (for himself and Ms. Cantwell) introduced the following bill; which was read twice and referred to the Committee on Finance

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 and Investment Remedy Act or REPAIR Act.

2.

Tax credit parity for electricity produced from renewable resources

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.