Summary: H.R.2742 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.2742. Bill summaries are authored by CRS.

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Introduced in House (06/15/2007)

Amends the Internal Revenue Code to eliminate the reduction in the rate of the tax credit for producing electricity from open-loop biomass facilities (thus making such rate equal to the tax credit rate for closed-loop biomass facilities).