S.2677 - Securing America's Energy Independence Act109th Congress (2005-2006)
|Sponsor:||Sen. Smith, Gordon H. [R-OR] (Introduced 04/27/2006)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 04/27/2006 Read twice and referred to the Committee on Finance. (All Actions)|
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Summary: S.2677 — 109th Congress (2005-2006)All Information (Except Text)
Introduced in Senate (04/27/2006)
Securing America's Energy Independence Act of 2006 - Amends the Internal Revenue Code to extend through 2015: (1) the investment tax credit for solar energy property and qualified fuel cell property; and (2) the tax credit for residential photovoltaic, solar water heating, and fuel cell property expenditures. Modifies the maximum amounts for such residential credits based upon kilowatt of capacity.
Allows such credits to be taken against the alternative minimum tax.