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<PRE>[DOCID: f:s530is.txt]






107th CONGRESS
  1st Session
                                 S. 530

    To amend the Internal Revenue Code of 1986 to provide a 5-year 
      extension of the credit for producing electricity from wind.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 14, 2001

Mr. Grassley (for himself, Mr. Jeffords, Mr. Leahy, Mr. Murkowski, Mr. 
  Breaux, Mr. Smith of Oregon, Mr. Dorgan, Mrs. Feinstein, Mr. Craig, 
 Mrs. Murray, Mr. Johnson, Mr. Schumer, and Mr. Conrad) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to provide a 5-year 
      extension of the credit for producing electricity from wind.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Bipartisan Renewable, Efficient 
Energy with Zero Effluent (BREEZE) Act''.

SEC. 2. 5-YEAR EXTENSION OF CREDIT FOR PRODUCING ELECTRICITY FROM WIND.

    Section 45(c)(3)(A) of the Internal Revenue Code of 1986 (relating 
to wind facility) is amended by striking ``January 1, 2002'' and 
inserting ``January 1, 2007''.
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