US HB4426 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 42-0)
Status: Introduced on April 8 2014 - 25% progression, died in committee
Action: 2014-04-11 - Referred to the Subcommittee on Energy and Power.
Pending: House Subcommittee on Energy and Power Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Clean Energy Victory Bond Act of 2014 - Directs the Secretary of the Treasury to issue, and promote the purchase of, Clean Energy Victory Bonds to pay for the energy-related tax benefits extended by this Act. Amends the Internal Revenue Code to: extend through 2022 the tax credit for investment in solar energy property, geothermal heat pumps, fuel cell property, microturbine property, combined heat and power system property, and small wind energy property; allow an energy tax credit for investment in offshore wind facilities placed in service before January 1, 2021; extend through 2022 the tax credit for residential energy efficiency improvements; extend through 2022 the placed-in-service requirement for wind facilities and other renewable energy facilities for purposes of the tax credit for producing electricity from renewable resources; extend through 2022 the tax credit for nonbusiness residential energy property; allow a new tax credit, through 2022, for home energy efficiency improvements that increase energy efficiency by at least 20%; extend through 2022 the tax credit for new energy efficient homes; and increase, and extend through 2022, the tax deduction for energy efficient commercial buildings. Directs the Secretary of Energy to establish a voluntary voucher program, through 2017, for the purchase of plug-in electric vehicles.

Tracking Information

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Title

Clean Energy Victory Bond Act of 2014

Sponsors


History

DateChamberAction
2014-04-11HouseReferred to the Subcommittee on Energy and Power.
2014-04-08HouseReferred to House Energy and Commerce
2014-04-08HouseReferred to House Ways and Means
2014-04-08HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects


US Congress State Sources


Bill Comments

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