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Energy Storage Tax Incentive and Deployment Act of 2021

USA117th CongressHR-1684| House 
| Updated: 3/9/2021
Michael F. Doyle

Michael F. Doyle

Democratic Representative

Pennsylvania

Cosponsors (32)
Chris Pappas (Democratic)Barbara Lee (Democratic)Mikie Sherrill (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Abigail Davis Spanberger (Democratic)Emanuel Cleaver (Democratic)Derek Kilmer (Democratic)Jefferson Van Drew (Republican)Bill Foster (Democratic)Darin LaHood (Republican)Mariannette Miller-Meeks (Republican)Paul Tonko (Democratic)Daniel T. Kildee (Democratic)Don Bacon (Republican)Donald S. Beyer (Democratic)Diana DeGette (Democratic)Nydia M. Velázquez (Democratic)Julia Brownley (Democratic)Yvette D. Clarke (Democratic)Peter Welch (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)Ed Perlmutter (Democratic)Nanette Diaz Barragán (Democratic)Frank Pallone (Democratic)Cheri Bustos (Democratic)Jaime Herrera Beutler (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Mike Levin (Democratic)Vern Buchanan (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Energy Storage Tax Incentive and Deployment Act of 2021 This bill allows tax credits for (1) energy storage technologies, and (2) battery storage technology. The bill expands the tax credit for investments in energy property to include equipment that (1) receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including electrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies identified by the Internal Revenue Service; and (2) has a capacity of at least five kilowatt hours. The bill also expands the tax credit for residential energy efficient property to include expenditures for battery storage technology that (1) is installed on or in connection with a dwelling unit located in the United States and used as a residence by the taxpayer, and (2) has a capacity of at least three kilowatt hours.
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Timeline

Bill from Previous Congress

HR 116-2096
Energy Storage Tax Incentive and Deployment Act of 2019
Mar 9, 2021

Latest Companion Bill Action

S 117-627
Introduced in Senate
Mar 9, 2021
Introduced in House
Mar 9, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-2096
    Energy Storage Tax Incentive and Deployment Act of 2019


  • March 9, 2021

    Latest Companion Bill Action

    S 117-627
    Introduced in Senate


  • March 9, 2021
    Introduced in House


  • March 9, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 117-627: Energy Storage Tax Incentive and Deployment Act of 2021
Alternative and renewable resourcesBusiness investment and capitalEnergy efficiency and conservationEnergy storage, supplies, demandIncome tax creditsResidential rehabilitation and home repair

Energy Storage Tax Incentive and Deployment Act of 2021

USA117th CongressHR-1684| House 
| Updated: 3/9/2021
Energy Storage Tax Incentive and Deployment Act of 2021 This bill allows tax credits for (1) energy storage technologies, and (2) battery storage technology. The bill expands the tax credit for investments in energy property to include equipment that (1) receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including electrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies identified by the Internal Revenue Service; and (2) has a capacity of at least five kilowatt hours. The bill also expands the tax credit for residential energy efficient property to include expenditures for battery storage technology that (1) is installed on or in connection with a dwelling unit located in the United States and used as a residence by the taxpayer, and (2) has a capacity of at least three kilowatt hours.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-2096
Energy Storage Tax Incentive and Deployment Act of 2019
Mar 9, 2021

Latest Companion Bill Action

S 117-627
Introduced in Senate
Mar 9, 2021
Introduced in House
Mar 9, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-2096
    Energy Storage Tax Incentive and Deployment Act of 2019


  • March 9, 2021

    Latest Companion Bill Action

    S 117-627
    Introduced in Senate


  • March 9, 2021
    Introduced in House


  • March 9, 2021
    Referred to the House Committee on Ways and Means.
Michael F. Doyle

Michael F. Doyle

Democratic Representative

Pennsylvania

Cosponsors (32)
Chris Pappas (Democratic)Barbara Lee (Democratic)Mikie Sherrill (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Abigail Davis Spanberger (Democratic)Emanuel Cleaver (Democratic)Derek Kilmer (Democratic)Jefferson Van Drew (Republican)Bill Foster (Democratic)Darin LaHood (Republican)Mariannette Miller-Meeks (Republican)Paul Tonko (Democratic)Daniel T. Kildee (Democratic)Don Bacon (Republican)Donald S. Beyer (Democratic)Diana DeGette (Democratic)Nydia M. Velázquez (Democratic)Julia Brownley (Democratic)Yvette D. Clarke (Democratic)Peter Welch (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)Ed Perlmutter (Democratic)Nanette Diaz Barragán (Democratic)Frank Pallone (Democratic)Cheri Bustos (Democratic)Jaime Herrera Beutler (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Mike Levin (Democratic)Vern Buchanan (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 117-627: Energy Storage Tax Incentive and Deployment Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Alternative and renewable resourcesBusiness investment and capitalEnergy efficiency and conservationEnergy storage, supplies, demandIncome tax creditsResidential rehabilitation and home repair