US SB3248 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on July 14 2016 - 25% progression, died in committee
Action: 2016-07-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 14 2016 - 25% progression, died in committee
Action: 2016-07-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Agriculture Environmental Stewardship Act of 2016 This bill amends the Internal Revenue Code to allow energy tax credits through 2020 for investments in: (1) qualified biogas property, or (2) qualified manure resource recovery property. The bill also permits new clean renewable energy bonds to be used for such properties. "Qualified biogas property" comprises a system that: (1) uses anaerobic digesters or other specified processes to convert biomass into a gas which is at least 52% methane, and (2) captures the gas for use as a fuel. The term includes property that cleans and conditions the gas for use as a fuel. "Qualified manure resource recovery property" comprises a system that uses specified processes to recover the nutrients nitrogen and phosphorus from a non-treated digestate or animal manure by reducing or separating at least 50% of the nutrients, excluding any reductions during the incineration, storage, composting, or field application of the non-treated digestate or animal manure. The term also includes certain processing equipment. The Department of the Treasury must enter into an agreement with the National Renewable Energy Laboratory for a study of biogas and report to Congress on the study.
Title
Agriculture Environmental Stewardship Act of 2016
Sponsors
Sen. Sherrod Brown [D-OH] | Sen. Pat Roberts [R-KS] |
History
Date | Chamber | Action |
---|---|---|
2016-07-14 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Agricultural conservation and pollution
Agricultural equipment and machinery
Alternative and renewable resources
Business investment and capital
Congressional oversight
Energy efficiency and conservation
Energy research
Energy storage, supplies, demand
Government studies and investigations
Income tax credits
Livestock
Oil and gas
Pipelines
Securities
Solid waste and recycling
Taxation
Agricultural equipment and machinery
Alternative and renewable resources
Business investment and capital
Congressional oversight
Energy efficiency and conservation
Energy research
Energy storage, supplies, demand
Government studies and investigations
Income tax credits
Livestock
Oil and gas
Pipelines
Securities
Solid waste and recycling
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/3248/all-info |
Text | https://www.congress.gov/114/bills/s3248/BILLS-114s3248is.pdf |