US Congress House Bill 4210 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on December 3 2009 - 25% progression, died in committee
Action: 2009-12-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Storage Technology of Renewable and Green Energy Act of 2009 or the STORAGE Act of 2009 - Amends the Internal Revenue Code to: (1) allow a 20% energy tax credit for investment in energy storage property directly connected to the electrical grid (i.e., state systems of generators, transmission lines, and distribution facilities) and designed to receive, store, and convert energy to electricity and deliver such electricity for sale; (2) make such property eligible for new clean renewable energy bond financing; (3) allow a 30% energy tax credit for investment in energy storage property used at the site of energy storage; and (4) allow a 30% nonbusiness energy property tax credit for the installation of energy storage equipment in a principal residence.

STORAGE Act of 2009

Rep. Suzanne Kosmas [D-FL]	Rep. Doris Matsui [D-CA]	Rep. James Moran [D-VA]	Rep. Todd Platts [R-PA]
Rep. Mike Thompson [D-CA]	Sen. Peter Welch [D-VT]	Rep. David Wu [D-OR]

Date	Chamber	Action
2009-12-03		Referred to the House Committee on Ways and Means.

SB1091 (Same As) 2009-05-20 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)
SB3617 (Related) 2010-07-20 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/4210/all-info
Text	https://www.congress.gov/111/bills/hr4210/BILLS-111hr4210ih.pdf