S 582
108th Congress
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Coal Energy Research Development and Demonstration Act of 2003
Introduced: March 10, 2003
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 2003
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3412-3418)
Mar 10, 2003
Introduced in Senate
Plain-English summary
Coal Energy Research Development and Demonstration Act of 2003 - Instructs the Secretary of Energy to: (1) perform an assessment that identifies cost and performance goals of technologies permitting continued cost-competitive use of coal for electricity generation, as chemical feedstocks, and as transportation fuel in 2007, 2015, and the years after 2020; and (2) implement a technology research, development, and demonstration program to facilitate production and generation of coal-based power through methods and equipment under designated statutes.
Prescribes conditions and criteria for the authorization of appropriations for a clean coal power initiative program.
Instructs the Secretary to award competitive, merit-based grants to universities for the establishment of Centers of Excellence for Energy Systems of the Future.
Amends the Internal Revenue Code of 1986 to establish income tax credits for investment in and for production from a qualifying advanced clean coal technology facility.
Prescribes guidelines for the treatment of persons not able to use the entire credit relating to clean coal technology.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3412-3418)
Committees of jurisdiction
1
Cosponsors
1