HR 8654
Rural Wind Energy Modernization and Extension Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Rural Wind Energy Modernization and Extension Act of 2020, modifies the existing energy tax credit to specifically include ‘qualified distributed wind energy property.’ It expands the definition of this property to encompass smaller wind turbines used in projects up to 10 megawatts, and establishes a phased-in tax credit rate for these projects, with higher percentages for construction beginning before 2026 and lower percentages thereafter. The bill also clarifies requirements for eligibility, including minimum electrical load and subscription-based program criteria.
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Primary sponsor
Earl Blumenauer
Cosponsor
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