Rural Wind Energy Modernization and Extension Act of 2020 This bill expands the energy tax credit to include qualified distributed wind energy property. The bill defines qualified distributed wind energy property to include property that uses one or more wind turbines used to produce electricity in a single project with a total nameplate capacity not exceeding 10 megawatts.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionIncome tax creditsRural conditions and development
Rural Wind Energy Modernization and Extension Act of 2020
USA116th CongressHR-8654| House
| Updated: 10/23/2020
Rural Wind Energy Modernization and Extension Act of 2020 This bill expands the energy tax credit to include qualified distributed wind energy property. The bill defines qualified distributed wind energy property to include property that uses one or more wind turbines used to produce electricity in a single project with a total nameplate capacity not exceeding 10 megawatts.
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionIncome tax creditsRural conditions and development