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HR 2036 110th Congress House Energy Alternative energy sources Congressional reporting requirements Depreciation and amortization Economics and Public Finance Electric power production Energy research Environmental Protection Environmental assessment Equipment and supplies Government lending Government trust funds Hydroelectric power Income tax Investment tax credit Marine and coastal resources, fisheries Ocean energy resources Research and development Science, Technology, Communications Tax credits

Marine and Hydrokinetic Renewable Energy Promotion Act

Introduced: April 25, 2007 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 8, 2007
Referred to the Subcommittee on Energy and Environment.
Apr 30, 2007
Referred to the Subcommittee on Fisheries, Wildlife, and Oceans.
Apr 30, 2007
Referred to the Subcommittee on Energy and Mineral Resources.
Apr 26, 2007
Referred to the Subcommittee on Energy and Air Quality.
Apr 25, 2007
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science and Technology, Ways and Means, and Natural Resources, 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.
Apr 25, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Marine and Hydrokinetic Renewable Energy Promotion Act - Directs the Secretary of Energy to establish: (1) a marine and hydrokinetic renewable energy research program; and (2) an Adaptive Management and Environmental Fund to lend funds to approved applicants to cover the costs of projects that produce marine and hydrokinetic renewable energy.

Instructs the Secretary of Commerce and the Secretary of the Interior to prepare jointly programmatic environmental impact statements regarding the impacts of the deployment of marine and hydrokinetic renewable energy technologies in U.S. navigable waters.

Amends the Internal Revenue Code to allow: (1) a tax credit for electricity produced from marine and hydrokinetic renewable energy; and (2) an investment credit and five-year depreciation for equipment which produces electricity from marine and hydrokinetic renewable energy.

What's happening now May 8, 2007

Referred to the Subcommittee on Energy and Environment.

 Committees of jurisdiction 8
 Cosponsors 3
All 3 Democratic 3