S. 2520 would amend the Internal Revenue Code of 1986 to allow Indian tribal governments to transfer the credit for electricity produced from renewable resources.

== Detailed Summary ==

<summary>
(LogAmends the Internal Revenue Code to allow an Indian tribal government, in the case of a facility that uses a renewable energy resource to editproduce electricity in which such government has an ownership interest in the wiki and begross sales from such facility, to assign to any other person who has such an ownership interest in such facility any portion of the firstproduction from the facility that would, but for this Act, be allocated to provide a detailed summarysuch government for purposes of the bill!)renewable electricity production credit.

Makes such amendment applicable to electricity produced and sold after December 31, 2006.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 12/19/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
</status>

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== Points in Favor ==

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== Points Against ==

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