US HB5155 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
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
Amends the Internal Revenue Code to include waste energy recovery property in the 30% energy tax credit, subject to a phaseout. The bill defines "waste energy recovery property" as property that generates electricity solely from heat from buildings or equipment if the primary purpose of such buildings or equipment is not the generation of electricity. Such property may not have a capacity in excess of 50 megawatts.
Title
Waste Heat to Power Investment Tax Credit Act of 2019
Sponsors
Rep. Bradley Schneider [D-IL] | Rep. Thomas Suozzi [D-NY] | Rep. Linda Sanchez [D-CA] | Rep. Danny Davis [D-IL] |
Rep. Don Beyer [D-VA] | Rep. Jimmy Panetta [D-CA] | 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
Energy efficiency and conservation
Income tax credits
Lighting, heating, cooling
Tax administration and collection, taxpayers
Taxation
Energy efficiency and conservation
Income tax credits
Lighting, heating, cooling
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/5155/all-info |
Text | https://www.congress.gov/116/bills/hr5155/BILLS-116hr5155ih.pdf |