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H.R. 6031 · 112th Congress

Wind Powering American Jobs Act of 2012

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

14 cosponsors · 14 D

Wind Powering American Jobs Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2013 the tax credit for the production of electricity from wind facilities and the energy tax credit for investment in wind facilities, and (2) limit the foreign tax credit and tax deferrals for amounts paid or accrued by a major integrated oil company that is…

What it does: CRS summary · Introduced in House · Jun 27, 2012

Wind Powering American Jobs Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2013 the tax credit for the production of electricity from wind facilities and the energy tax credit for investment in wind facilities, and (2) limit the foreign tax credit and tax deferrals for amounts paid or accrued by a major integrated oil company that is a dual capacity taxpayer. Defines "dual capacity taxpayer" as a person who is subject to a levy of a foreign country or U.S. possession and receives (or will receive) directly or indirectly a specific economic benefit from such county or possession.

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

About this bill and sources

Official title: Wind Powering American Jobs Act of 2012

Latest action (Jun 27, 2012): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jun 27, 2012

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

No recorded floor vote found.