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S. 759 · 108th Congress

Small Wind Energy Systems Act of 2003

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RDD DurbinSponsor
9 cosponsors · 6 D, 2 R, 1 I
WAR Allard KCD Conrad BDD Dorgan THD Harkin JJI Jeffords TJD Johnson PLD Leahy FLD Lautenberg NCR Coleman

7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Residential, Farm, Ranch, and Small Business Wind Energy Systems Act of 2003 or the Small Wind Energy Systems Act of 2003 - Amends the Internal Revenue Code to allow a taxpayer an annual credit for 30 percent of the cost of installing a qualified residential wind turbine. Limits such credit to $1,000 for each kilowatt of capacity.

What it does: CRS summary · Introduced in Senate · Apr 1, 2003
Residential, Farm, Ranch, and Small Business Wind Energy Systems Act of 2003 or the Small Wind Energy Systems Act of 2003 - Amends the Internal Revenue Code to allow a taxpayer an annual credit for 30 percent of the cost of installing a qualified residential wind turbine. Limits such credit to $1,000 for each kilowatt of capacity. (Excludes swimming pools or any storage medium which has a function other than a storage function.)

Allows an annual business credit for installation of a qualifying wind turbine on a farm, ranch, or small business. Limits such credit to the smaller of: (1) 30 percent of basis, including installation; or (2) $1,000 for each kilowatt of capacity.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Small Wind Energy Systems Act of 2003

Also known as: Residential, Farm, Ranch, and Small Business Wind Energy Systems Act of 2003

Latest action (Apr 1, 2003): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4642-4643)

Policy area: Taxation · Origin: Senate · Introduced: Apr 1, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.