Introduced
by
To authorize a business tax credit equal to 50 percent of the cost to build or convert a building to “Leadership in Energy and Environmental Design” (LEED) standards, up to a maximum of $50,000. Also, to authorize a business tax credit of up to 20 percent of cost of installing a generator that uses a fuel cell or “renewable” fuel, has a 150 kilowatt capacity or less, and is part of a “net metering” plan in which a customer both generates some electricity which is fed back into the power grid, and also buys some power from the utility.
Referred to the Committee on Tax Policy
