Factsheet: Income tax credit; clean energy property

Income tax credit; clean energy property

Key Information
Full name of Instrument & Measure (English): 
House Bill 34 Income tax credit; clean energy property
Description: 
House bill about the income tax credits for clean energy property, concerning among others: a biomass equipment to convert wood residuals into electricity through gasification and pyrolysis.
Goal/Aim: 
Support investments in renewable electricity (biomass)

Sector/Topic targeted:

Responsible Authority: 
House Ways & Means ; Senate Finance

Status:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Instrument & Measure Started: 
2013