To amend the Internal Revenue Code of 1986 to extend and phaseout the energy credit for certain property.
Sponsored By: Representative Meehan, Patrick [R-PA-7]
Unknown
Summary
This bill amends the Internal Revenue Code to extend and modify tax credits for investments in certain energy property. The bill extends the tax credits to apply to investments in certain energy property with construction that begins before January 1, 2022. The extensions apply to investments in: qualified fuel cell property, qualified microturbine property, combined heat and power system property, qualified small wind energy property, and thermal energy property. The bill sets forth a schedule for reducing from 30% to 22% the credit rate for investments in qualified fuel cell property and small wind energy property.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Meehan, Patrick [R-PA-7]
PA • R
Cosponsors
Rep. Carney, John C., Jr. [D-DE-At Large]
DE • D
Sponsored 5/6/2016
Rep. Reed, Tom [R-NY-23]
NY • R
Sponsored 5/11/2016
Rep. McHenry, Patrick T. [R-NC-10]
NC • R
Sponsored 6/10/2016
Rep. Kind, Ron [D-WI-3]
WI • D
Sponsored 6/15/2016
Rep. Stefanik, Elise M. [R-NY-21]
NY • R
Sponsored 6/24/2016
Rep. Fitzpatrick, Michael G. [R-PA-8]
PA • R
Sponsored 6/24/2016
Rep. Murphy, Tim [R-PA-18]
PA • R
Sponsored 6/24/2016
PETER KING
NY • R
Sponsored 7/7/2016
Rep. Marino, Tom [R-PA-10]
PA • R
Sponsored 7/8/2016
Rep. Costello, Ryan A. [R-PA-6]
PA • R
Sponsored 7/14/2016
Rep. Dent, Charles W. [R-PA-15]
PA • R
Sponsored 11/16/2016
Rep. Doyle, Michael F. [D-PA-18]
PA • D
Sponsored 11/16/2016
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov