US Congress Senate Bill 1091 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Introduced on May 20 2009 - 25% progression, died in chamber
Action: 2009-05-20 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)
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

Sen. Susan Collins [R-ME]	Sen. Byron Dorgan [D-ND]	Sen. John Kerry [D-MA]	Sen. Robert Menendez [D-NJ]
Sen. Lisa Murkowski [R-AK]	Sen. Jeanne Shaheen [D-NH]	Sen. Ron Wyden [D-OR]

Date	Chamber	Action
2009-05-20		Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)
2009-05-20		Sponsor introductory remarks on measure. (CR S5704-5706)

HB4210 (Same As) 2009-12-03 - Referred to the House Committee on Ways and Means.
SB3617 (Related) 2010-07-20 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/1091/all-info
Text	https://www.congress.gov/111/bills/s1091/BILLS-111s1091is.pdf