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H.R. 2539

Prioritizing Energy Efficient Renewables Act of 2013

Prioritizing Energy Efficient Renewables Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for producing electricity from wind, geothermal and solar energy, hydropower, and marine and hydrokinetic renewable energy facilities; (2) repeal the tax deduction for intangible drilling and development costs for oil and gas wells; (3) repeal the tax deduction for income attributable to the production, refining, transportation, or distribution of oil, natural gas, or any primary product thereof; and (4) repeal the percentage depletion allowance for oil and gas wells.

Referred to the House Committee on Ways and Means.

Rep. Schakowsky, Janice D. [D-IL-9](D-IL)Sponsor
23 cosponsors23 D
23cosponsors1committees3actions4subjects
  • Introduced in HouseJun 27, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Prioritizing Energy Efficient Renewables Act of 2013 — Informed