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Preserving Our World's Energy and Resources Act of 2001

Introduced: June 14, 2001 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2001
Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman.
Jun 14, 2001
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jun 14, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Preserving Our World's Energy and Resources Act of 2001 - Amends the Internal Revenue Code to include as energy property for purposes of claiming the energy (investment) credit equipment which uses wind to generate electricity and cool roof property.

Allows a nonrefundable personal credit for qualified renewable resource property (solar, wind, and geothermal) and qualified cool roof property.

Amends the Federal Power Act to require retail electric suppliers to comply with specified requirements concerning net metering.

What's happening now June 25, 2001

Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman.

 Committees of jurisdiction 3