H.R. 5523 · 116th Congress
Energy Sector Innovation Credit Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
10 cosponsors · 4 D, 6 R
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill allows new tax credits for investment in emerging energy technology and for the production of electricity from such technology.
What it does: CRS summary · Introduced in House · Dec 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Energy Sector Innovation Credit Act of 2019
Latest action (Dec 19, 2019): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Dec 19, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.