US HB5154 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on November 19 2019 - 25% progression, died in committee
Action: 2019-11-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 19 2019 - 25% progression, died in committee
Action: 2019-11-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.
Title
GEO Act of 2019 Geothermal Energy Opportunity Act of 2019
Sponsors
Rep. Steven Horsford [D-NV] | Rep. Brian Higgins [D-NY] | Rep. Linda Sanchez [D-CA] | Rep. Thomas Suozzi [D-NY] |
Rep. Don Beyer [D-VA] | Rep. Jimmy Panetta [D-CA] | Rep. Suzan DelBene [D-WA] | Rep. Earl Blumenauer [D-OR] |
Rep. Gwen Moore [D-WI] |
History
Date | Chamber | Action |
---|---|---|
2019-11-19 | House | Referred to the House Committee on Ways and Means. |
2019-11-19 | House | Introduced in House |
Subjects
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Income tax credits
Taxation
Business investment and capital
Electric power generation and transmission
Income tax credits
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/5154/all-info |
Text | https://www.congress.gov/116/bills/hr5154/BILLS-116hr5154ih.pdf |