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HR 2478 107th Congress House Energy Administrative procedure Aeronautics Air pollution control Aircraft engines Alcohol as fuel Alternative energy sources Alternative fuels Aquatic ecology Automobile fuel consumption Biomass energy Building materials Capital investments Cellulose Chemical industries Chemical research Cogeneration of electric power and heat Commerce Commercialization Congress

Comprehensive Renewable Energy and Energy Efficiency Act of 2001

Introduced: July 11, 2001 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 2001
Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman.
Jul 23, 2001
Referred to the Subcommittee on Energy.
Jul 11, 2001
Referred to the Committee on Ways and Means, and in addition to the Committees on Science, and 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.
Jul 11, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Comprehensive Renewable Energy and Energy Efficiency Act of 2001 - Sets forth a statutory framework to implement U.S. policy for research, development, demonstration and commercial applications programs designed to enable 20 percent of domestic energy from stationary sources to be generated from nonhydropower renewable energy sources by 2020. Prescribes requirements for: (1) such programs in renewable energy, energy efficiency, biomass energy, and aeronautical system energy efficiency; and (2) a National Building Performance Initiative.

Instructs the Secretary of Energy to: (1) provide private sector commercialization assistance for renewable energy and energy efficiency technologies; (2) establish a fuel cell technologies demonstration program; and (3) establish a National Electric System Public Benefits Board to administer a National Electric System Public Benefits Fund.

Establishes the High Performance Schools grant program.

Amends Federal transportation law to mandate: (1) increased vehicle fuel economy standards; and (2) a national tire fuel efficiency program.

Establishes the Energy Star program to promote cost-effective energy-efficient products and buildings.

Prescribes requirements for: (1) Federal electric power purchases; (2) Federal buildings energy efficiency; (3) guaranteed energy savings; and (4) Federal use of Energy Star standards.

Amends the Internal Revenue Code to allow tax credits for: (1) certain energy efficient business property; (2) the manufacture of energy efficient appliances; (3) construction of a new energy-efficient home; (4) energy efficiency improvements to existing homes; (5) residential solar, wind, and fuel cell energy property; and (6) purchase of Energy Star products. Allows a deduction for energy-efficient commercial building property expenditures.

Prescribes depreciation requirements for: (1) distributed power property; and (2) property used in electricity transmission. Increases the credit rate for electricity produced from renewable and waste products. Treats facilities using bagasse to produce energy as solid waste disposal facilities eligible for tax-exempt financing. Grants an investment tax credit for additional plant capacity for existing renewable resources facilities producing electricity.

Allows tax credits for: (1) alternative motor vehicles placed in service; (2) retail sales of alternative fuels for motor vehicles; and (3) installation of alternative fueling stations. Extends the deduction for certain refueling property.

What's happening now July 31, 2001

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

 Committees of jurisdiction 5
 Cosponsors 3
All 3 Democratic 2 Independent 1