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HR 3919 111th Congress House Taxation Air quality Alternative and renewable resources Building construction Business investment and capital Capital gains tax Government lending and loan guarantees Income tax credits Income tax deductions Income tax exclusion Securities Small business User charges and fees Wages and earnings

Clean Energy Business Zone Act of 2009

Introduced: October 23, 2009 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 23, 2009
Referred to the Subcommittee on Finance and Tax.
Oct 23, 2009
Referred to House Small Business
Oct 23, 2009
Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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.
Oct 23, 2009
Referred to House Ways and Means
Oct 23, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Clean Energy Business Zone Act of 2009 and the Clean Energy Empowerment Zone Act of 2009 - Amends the Internal Revenue Code to: (1) authorize the Secretary of the Treasury to designate 40 clean energy business zones between 2009 and 2012; (2) allow an increased tax credit for wages paid in such a zone; (3) allow a work opportunity tax credit for wages paid to an employee in such a zone; (4) allow financing of any qualified Green building or clean energy facility with clean renewable energy bonds; (5) allow increased expensing of property in such a zone; and (6) allow an exclusion from gross income of gain from the sale or exchange or any clean energy business zone asset held for more than five years.

Amends the Small Business Act and the Small Business Investment Act of 1958 to waive loan fees for qualified Green building and clean energy facility loans made before 2020.

What's happening now October 23, 2009

Referred to the Subcommittee on Finance and Tax.

 Committees of jurisdiction 3
 Cosponsors 1
All 1 Democratic 1