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Energy Sector Innovation Credit Act of 2019

USA116th CongressHR-5523| House 
| Updated: 12/19/2019
Tom Reed

Tom Reed

Republican Representative

New York

Cosponsors (10)
David Schweikert (Republican)Elise M. Stefanik (Republican)Darin LaHood (Republican)Terri A. Sewell (Democratic)Jimmy Panetta (Democratic)Thomas R. Suozzi (Democratic)Don Bacon (Republican)Mark E. Amodei (Republican)Josh Gottheimer (Democratic)Patrick T. McHenry (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Energy Sector Innovation Credit Act of 2019 This bill allows new tax credits for investment in emerging energy technology and for the production of electricity from such technology. The bill also allows an energy tax credit for energy storage technologies, including equipment which receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies.
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Timeline
Dec 19, 2019
Introduced in House
Dec 19, 2019
Referred to the House Committee on Ways and Means.
  • December 19, 2019
    Introduced in House


  • December 19, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Advanced technology and technological innovationsAir qualityAlternative and renewable resourcesBuilding constructionElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandIncome tax creditsPerformance measurementTransfer and inheritance taxesWater use and supply

Energy Sector Innovation Credit Act of 2019

USA116th CongressHR-5523| House 
| Updated: 12/19/2019
Energy Sector Innovation Credit Act of 2019 This bill allows new tax credits for investment in emerging energy technology and for the production of electricity from such technology. The bill also allows an energy tax credit for energy storage technologies, including equipment which receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 19, 2019
Introduced in House
Dec 19, 2019
Referred to the House Committee on Ways and Means.
  • December 19, 2019
    Introduced in House


  • December 19, 2019
    Referred to the House Committee on Ways and Means.
Tom Reed

Tom Reed

Republican Representative

New York

Cosponsors (10)
David Schweikert (Republican)Elise M. Stefanik (Republican)Darin LaHood (Republican)Terri A. Sewell (Democratic)Jimmy Panetta (Democratic)Thomas R. Suozzi (Democratic)Don Bacon (Republican)Mark E. Amodei (Republican)Josh Gottheimer (Democratic)Patrick T. McHenry (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advanced technology and technological innovationsAir qualityAlternative and renewable resourcesBuilding constructionElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandIncome tax creditsPerformance measurementTransfer and inheritance taxesWater use and supply