Introduced by Rep. Paul Opsommer (R) on August 21, 2007, to make “integrated gasification combined cycle plants” eligible for renaissance zone status. This refers to a facility that produces “synthesis gas from low or negative-value carbon-based feedstocks, including, but not limited to, coal and petroleum coke.” Firms in “renaissance zones” are exempt from all state and local taxes.
Referred to the House Energy and Technology Committee on August 21, 2007.
1) 2007 House Bill 5120 (Authorize tax breaks for certain gasification plants ) [by admin on January 1, 2001] Introduced in the House on August 21, 2007