To amend the Internal Revenue Code of 1986 to modify the credit to holders of clean renewable energy bonds.

Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

EPD PomeroySponsor

38 cosponsors · 21 D, 17 R

RLR Lewis JLD Larson BCR Cubin BCD Chandler RCD Carnahan HCD Cuellar SHD Herseth Sandlin CPD Peterson MUD Udall GWR Walden WCD Clay VGR Goode PHD Hare MKD Kaptur SLR LaTourette JMR Miller MMR Musgrave LBD Boswell BGD Gordon BHD Higgins RKD Kind MMR McCaul RPR Paul JSR Shimkus ECD Cleaver TPR Platts JRR Ramstad ZWR Wamp JWR Wilson JJR Jordan SKD Kagen ZSD Space PGR Gillmor SID Israel CMD McCarthy TRD Ryan TLR Latham BBD Braley

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

Amends Internal Revenue Code provisions allowing a tax credit for holders of clean renewable energy bonds (CREBs) to: (1) extend the period for reimbursement of costs paid by CREB borrowers; (2) require ratable amortization of CREB principal; (3) revise the maximum term for maturity of such bonds; and (4) extend through 2009 the authority for issuing CREBs.