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H.R. 2794 · 109th Congress

Clean Energy Bonds Act of 2005

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RLR LewisSponsor
80 cosponsors · 43 D, 36 R, 1 I
BBR Beauprez EPD Pomeroy JRR Ramstad JWR Weller PER English BCR Cubin SHD Herseth Sandlin MMD McNulty JMR McHugh DHR Hastings JLD Lewis EWR Whitfield DPR Pryce HRR Rogers JMD McDermott LTR Terry NAD Abercrombie RBR Bishop ECD Case BCD Chandler MKD Kaptur CMR McMorris Rodgers HWR Wilson RBD Boucher HFD Ford ETD Towns AGD Green JMR Miller DBR Burton BBD Baird MRR Rogers BJR Jenkins CPD Peterson TBD Baldwin HBR Brown PDD DeFazio BGD Gordon CMD McCarthy JMD Marshall GWR Walden JWR Wilson AWD Wynn JKR Kingston MSR Souder JBD Barrow JAR Ann Emerson MHD Honda JKR Kline MPR Pence DSD Scott KCR Calvert MFR Foley MUD Udall SBD Bishop VGR Goode ISD Skelton ASD Smith GKD Butterfield CGD Gonzalez MGR Green PGR Gingrey THD Holden JLR Linder ZLD Lofgren MMD McIntyre CNR Norwood TPR Price PVD Visclosky MBD Berry MDD Doyle MKR Kennedy JRR Ryun MRD Ross AHD Hastings DPD Price BSI Sanders LED Evans BSD Stupak LSD Sanchez SBD Brown

4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Clean Energy Bonds Act of 2005 - Amends the Internal Revenue Code to allow holders of clean energy bonds a nonrefundable tax credit of 25 percent of an annual credit amount as determined by the Secretary of the Treasury.

What it does: CRS summary · Introduced in House · Jun 8, 2005

Clean Energy Bonds Act of 2005 - Amends the Internal Revenue Code to allow holders of clean energy bonds a nonrefundable tax credit of 25 percent of an annual credit amount as determined by the Secretary of the Treasury. Defines "clean energy bond" as any bond issued by a clean energy bond lender, a cooperative electric company, a governmental body, or the Tennessee Valley Authority (TVA) that is used for capital expenditures for specified projects for producing electricity from certain renewable resources, such as wind, biomass, solar energy, small irrigation power, and municipal solid waste.

Sets forth rules for maturity limitations, arbitrage, and expenditures, including a requirement that 95 percent of proceeds from the sale of a bond issue be spent on a renewable resource project within five years from the date of a bond issuance. Terminates the authority to issue clean energy bonds after 2008.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Clean Energy Bonds Act of 2005

Latest action (Jun 8, 2005): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jun 8, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.