Establishes tax credits for the production and investment in certain renewable materials.
The bill amends the Internal Revenue Code to create tax credits for the production and investment in qualified renewable materials. The renewable materials production credit applies to the production of qualified renewable material by a renewable material production facility. The renewable materials investment credit applies to investments in qualified facilities. The credits are subject to certain exclusions and limitations, and the bill includes provisions for coordination with other tax credits and regulations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.