H.R. 5918 (111th): To amend the Internal Revenue Code of 1986 to provide an investment tax credit for biomass heating property and repeal the passive activity limitation exception for working interests in oil and gas property.

Introduced:
Jul 29, 2010 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Paul Hodes
Representative for New Hampshire's 2nd congressional district
Party
Democrat
Text
Read Text »
Last Updated
Jul 29, 2010
Length
3 pages
 
Status

This bill was introduced on July 29, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 29, 2010
Referred to Committee Jul 29, 2010
 
Summary

No summaries available.

Cosponsors
none
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/29/2010--Introduced.
Amends the Internal Revenue Code to: (1) allow a 30% energy tax credit for investment in certain biomass heating property for periods ending before January 1, 2014; and (2) repeal the exemption from passive activity rules for working interests in oil or gas property.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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