GEO Act of 2019
USA116th CongressHR-5154| House
| Updated: 11/19/2019
Steven Horsford
Democratic Representative
Nevada
Cosponsors (8)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019 This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionIncome tax credits
GEO Act of 2019
USA116th CongressHR-5154| House
| Updated: 11/19/2019
Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019 This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.
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.
Steven Horsford
Democratic Representative
Nevada
Cosponsors (8)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionIncome tax credits