US HB6403 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on September 13 2012 - 25% progression, died in committee
Action: 2012-09-14 - Referred to the Subcommittee on Energy and Power.
Pending: House Subcommittee on Energy and Power Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Manufacturing Assistance Driving Efficiency Act of 2012 or MADE Act of 2012 - Directs the Secretary of the Treasury to provide grants to manufacturers who place energy efficient commercial building property in service: (1) during 2012 or 2013; or (2) after 2013 and before 2016, provided the construction of such property began during 2012 or 2013. Limits such a grant to: (1) the basis of such property, or (2) 50% of any excess of the rate to be paid under a power purchase agreement for renewable energy resources for use in such property over the standard electrical rate, and (3) the allowable income tax deduction for the cost of energy efficient commercial building property placed in service during a taxable year.

Tracking Information

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Title

MADE Act of 2012

Sponsors


History

DateChamberAction
2012-09-14HouseReferred to the Subcommittee on Energy and Power.
2012-09-13HouseReferred to House Energy and Commerce
2012-09-13HouseReferred to House Ways and Means
2012-09-13HouseReferred 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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