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National Coal Research, Development, and Demonstration Act of 2003

Introduced: March 27, 2003 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2003
Read twice and referred to the Committee on Finance.
Mar 27, 2003
Sponsor introductory remarks on measure. (CR S4518-4520)
Mar 27, 2003
Introduced in Senate
 Plain-English summary Congressional Research Service

National Coal Research, Development, and Demonstration Act of 2003 - Directs 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 specified Federal law.

Prescribes conditions and criteria for the authorization of appropriations for a clean coal power initiative program.

Instructs the Secretary to: (1) fund coal energy generation projects that advance efficiency, environmental performance, and cost competitiveness well beyond the level of technologies in operation as of the date of enactment of this Act; and (2) 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 prescribe credits against tax for: (1) production from a qualifying clean coal technology unit; and (2) production from and for investment in a qualifying advanced clean coal technology unit. Prescribes guidelines for the treatment of persons not able to use the entire credit relating to clean coal technology.

What's happening now March 27, 2003

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1