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To amend the Internal Revenue Code of 1986 to extend certain provisions of the renewable energy credit, and for other purposes.

USA115th CongressHR-4636| House 
| Updated: 12/13/2017
Janice D. Schakowsky

Janice D. Schakowsky

Democratic Representative

Illinois

Cosponsors (21)
David Loebsack (Democratic)Jared Huffman (Democratic)Barbara Lee (Democratic)Joseph P. Kennedy (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Jackie Speier (Democratic)Ro Khanna (Democratic)Matt Cartwright (Democratic)Jerrold Nadler (Democratic)Mark Takano (Democratic)Luis V. Gutierrez (Democratic)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)Mike Quigley (Democratic)Nydia M. Velázquez (Democratic)Jerry McNerney (Democratic)Jared Polis (Democratic)Zoe Lofgren (Democratic)Jimmy Gomez (Democratic)Grace Meng (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Prioritizing Energy-Efficient Renewables Act of 201 7 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.
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Timeline
Dec 13, 2017
Introduced in House
Dec 13, 2017
Referred to the House Committee on Ways and Means.
  • December 13, 2017
    Introduced in House


  • December 13, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Alternative and renewable resourcesIncome tax creditsIncome tax deductionsOil and gas

To amend the Internal Revenue Code of 1986 to extend certain provisions of the renewable energy credit, and for other purposes.

USA115th CongressHR-4636| House 
| Updated: 12/13/2017
Prioritizing Energy-Efficient Renewables Act of 201 7 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.
View Full Text

Suggested Questions

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Timeline
Dec 13, 2017
Introduced in House
Dec 13, 2017
Referred to the House Committee on Ways and Means.
  • December 13, 2017
    Introduced in House


  • December 13, 2017
    Referred to the House Committee on Ways and Means.
Janice D. Schakowsky

Janice D. Schakowsky

Democratic Representative

Illinois

Cosponsors (21)
David Loebsack (Democratic)Jared Huffman (Democratic)Barbara Lee (Democratic)Joseph P. Kennedy (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Jackie Speier (Democratic)Ro Khanna (Democratic)Matt Cartwright (Democratic)Jerrold Nadler (Democratic)Mark Takano (Democratic)Luis V. Gutierrez (Democratic)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)Mike Quigley (Democratic)Nydia M. Velázquez (Democratic)Jerry McNerney (Democratic)Jared Polis (Democratic)Zoe Lofgren (Democratic)Jimmy Gomez (Democratic)Grace Meng (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Alternative and renewable resourcesIncome tax creditsIncome tax deductionsOil and gas