MILD
HB 233
RENEWABLE ENERGY TAX CREDIT ELIGIBILITY
- Legislative URL:
- HB 233 on nmlegis.gov
- Emergency Clause:
- No
- Germane:
- N/A
- Location:
- HTRC
- Action:
- [6] HENRC/HTRC-HENRC [10] DP-HTRC API.
- Issue(s):
- Energy
Companion Bills
Related Legislators
- Bill Sponsor:
- George Dodge, Jr.
Related Documents
- Downloads:
-
Introduced
HENRC Committee Report
Fiscal Impact Report
Summary
This piece of legislation amends the Renewable Energy Production Tax Credit by increasing the amount of electricity that may be produced by all qualified energy generators and extending the date that a qualified energy generator must first produce electricity to qualify for the credit to 2021. The credit is a personal and corporate income tax credit.
This amendments made by this bill may have the positive effect of encouraging and increase in the production of renewable energy.
This bill is a companion bill to SB 191.
Outcome:
HB 233 died in the House Taxation and Revenue Committee.
Updated 7/31/14
Date of Summary: 1/30/2014