H.R. 6403 · 112th Congress
MADE 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.
No cosponsors.
Manufacturing Assistance Driving Efficiency Act of 2012 or MADE Act of 2012 - Directs the Secretary of the Treasury to provide grants to manufacturers who place energy efficient commercial building property in service: (1) during 2012 or 2013; or (2) after 2013 and before 2016, provided the construction of such property began during 2012 or 2013.
What it does: CRS summary · Introduced in House · Sep 13, 2012
Manufacturing Assistance Driving Efficiency Act of 2012 or MADE Act of 2012 - Directs the Secretary of the Treasury to provide grants to manufacturers who place energy efficient commercial building property in service: (1) during 2012 or 2013; or (2) after 2013 and before 2016, provided the construction of such property began during 2012 or 2013. Limits such a grant to: (1) the basis of such property, or (2) 50% of any excess of the rate to be paid under a power purchase agreement for renewable energy resources for use in such property over the standard electrical rate, and (3) the allowable income tax deduction for the cost of energy efficient commercial building property placed in service during a taxable year.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: MADE Act of 2012
Also known as: Manufacturing Assistance Driving Efficiency Act of 2012
Latest action (Sep 14, 2012): Referred to the Subcommittee on Energy and Power.
Policy area: Energy · Origin: House · Introduced: Sep 13, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.