H.R. 6182 · 112th Congress
American Advanced Energy Manufacturing Jobs Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ThompsonSponsor14 cosponsors · 14 D
D
Becerra
EB
D
Blumenauer
SB
D
Berkley
JC
D
Crowley
LD
D
Doggett
RK
D
Kind
SL
D
Levin
JL
D
Lewis
JL
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Larson
JM
D
McDermott
RN
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Neal
BP
D
Pascrell
CR
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Rangel
PS
D
Stark14 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
American Advanced Energy Manufacturing Jobs Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for the qualifying advanced energy project program, to: (1) allow, through December 31, 2016, an additional credit amount for the cost of manufacturing equipment that uses solar energy to generate electricity, fuel cell power plants,…
What it does: CRS summary · Introduced in House · Jul 25, 2012
American Advanced Energy Manufacturing Jobs Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for the qualifying advanced energy project program, to: (1) allow, through December 31, 2016, an additional credit amount for the cost of manufacturing equipment that uses solar energy to generate electricity, fuel cell power plants, and systems for the electro-chemical storage of electricity; and (2) increase for 2012 the amount of credits that may be allocated under such program.
Provides for an offset against such increased credit by denying to any major integrated oil company: (1) a foreign tax credit if such company receives a tax preference from a foreign jurisdiction that does not impose a generally applicable income tax, and (2) a tax deduction for intangible drilling and development costs.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: American Advanced Energy Manufacturing Jobs Act of 2012
Latest action (Jul 25, 2012): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jul 25, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.