US HB2812 | 2011-2012 | 112th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on August 5 2011 - 25% progression, died in committee
Action: 2011-08-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 5 2011 - 25% progression, died in committee
Action: 2011-08-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Heat is Power Act - Amends the Internal Revenue Code to allow through 2017: (1) an energy tax credit for investment in wasted heat to electricity property; and (2) a tax credit for the production of electricity from renewable resources for wasted heat. Defines "wasted heat to electricity property" as property comprising a system which generates electricity through the recovery of a qualified wasted heat resource (e.g., exhaust heat or flared gas from any industrial process or waste gas or industrial tail gas, but not a heat resource from a process whose primary purpose is the generation of electricity using a fossil fuel).
Title
Heat is Power Act
Sponsors
Rep. Paul Tonko [D-NY] | Rep. Shelley Berkley [D-NV] | Rep. Lacy Clay [D-MO] | Rep. Jay Inslee [D-WA] |
Rep. Ron Paul [R-TX] |
History
Date | Chamber | Action |
---|---|---|
2011-08-05 | House | Referred to the House Committee on Ways and Means. |
Subjects
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Oil and gas
Taxation
Electric power generation and transmission
Income tax credits
Oil and gas
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/2812/all-info |
Text | https://www.congress.gov/112/bills/hr2812/BILLS-112hr2812ih.pdf |