S.1291 - Federal Government - A bill to amend the Internal Revenue Code of 1986 to extend and modify the renewable energy production credit and to extend and modify the credit to holders of clean renewable energy bonds.

Wind Energy Development Act of 2007 or the WEnD Act - Amends the Internal Revenue Code to: (1) extend through 2012 the tax credit for production of electricity from certain renewable resources; (2) modify the inflation adjustment applicable to such credit; (3) extend through 2012 the tax credit for holders of clean renewable energy bonds and increase the limitation on the amount of such bonds authorized for issuance; and (4) set forth allocations of bond amounts for certain projects.