HR 6756
110th Congress
House
Taxation
Air pollution control
Biomass energy
Bonds
Carbon cycle
Carbon dioxide
Coal
Depreciation and amortization
Electric power production
Energy
Environmental Protection
Finance and Financial Sector
Income tax
Investment tax credit
Tax credits
Tax deductions
Carbon Reduction Technology Bridge Act of 2008
Introduced: July 31, 2008
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 2008
Referred to the House Committee on Ways and Means.
Jul 31, 2008
Introduced in House
Plain-English summary
Carbon Reduction Technology Bridge Act of 2008 - Amends the Internal Revenue Code to allow: (1) seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit after 2007 and that reduce carbon dioxide emissions; (2) a tax credit for the production of electricity using closed-loop biomass co-fired with coal; (3) a tax credit for investment in qualified clean coal electric generation units; (4) a tax credit for investment in carbon dioxide capture, transport, and storage property which is part of a qualified coal-fired electric generation unit; and (5) a tax credit for investment in clean energy coal bonds.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1