To amend the Internal Revenue Code of 1986 to provide investment and production tax credits for emerging energy technologies, and for other purposes.
USA115th CongressHR-7196| House
| Updated: 11/29/2018
Tom Reed
Republican Representative
New York
Cosponsors (2)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Energy Sector Innovation Credit Act of 2018 This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Advanced technology and technological innovationsAir qualityAlternative and renewable resourcesElectric power generation and transmissionEnergy efficiency and conservationIncome tax creditsTransfer and inheritance taxesWater use and supply
To amend the Internal Revenue Code of 1986 to provide investment and production tax credits for emerging energy technologies, and for other purposes.
USA115th CongressHR-7196| House
| Updated: 11/29/2018
Energy Sector Innovation Credit Act of 2018 This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Tom Reed
Republican Representative
New York
Cosponsors (2)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Advanced technology and technological innovationsAir qualityAlternative and renewable resourcesElectric power generation and transmissionEnergy efficiency and conservationIncome tax creditsTransfer and inheritance taxesWater use and supply