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  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Ways and Means
    IntroducedJune 27th, 2013

Bill Details

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Title

Prioritizing Energy Efficient Renewables Act of 2013

Official Title

To amend the Internal Revenue Code of 1986 to extend certain provisions of the renewable energy credit, and for other purposes.

Summary

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.

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