Skip to main content
HR 6403 112th Congress House Energy Business investment and capital Energy efficiency and conservation Income tax deductions Industrial facilities Manufacturing

MADE Act of 2012

Introduced: September 13, 2012 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 14, 2012
Referred to the Subcommittee on Energy and Power.
Sep 13, 2012
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.
Sep 13, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Manufacturing Assistance Driving Efficiency Act of 2012 or MADE Act of 2012 - Directs the Secretary of the Treasury to provide grants to manufacturers who place energy efficient commercial building property in service: (1) during 2012 or 2013; or (2) after 2013 and before 2016, provided the construction of such property began during 2012 or 2013. Limits such a grant to: (1) the basis of such property, or (2) 50% of any excess of the rate to be paid under a power purchase agreement for renewable energy resources for use in such property over the standard electrical rate, and (3) the allowable income tax deduction for the cost of energy efficient commercial building property placed in service during a taxable year.

What's happening now September 14, 2012

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 3