HR 4426
113th Congress
House
Taxation
Alternative and renewable resources
Climate change and greenhouse gases
Electric power generation and transmission
Energy efficiency and conservation
Government information and archives
Income tax credits
Lighting, heating, cooling
Marketing and advertising
Residential rehabilitation and home repair
Securities
Clean Energy Victory Bond Act of 2014
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 11, 2014
Referred to the Subcommittee on Energy and Power.
Apr 8, 2014
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.
Apr 8, 2014
Introduced in House
Plain-English summary
Clean Energy Victory Bond Act of 2014 - Directs the Secretary of the Treasury to issue, and promote the purchase of, Clean Energy Victory Bonds to pay for the energy-related tax benefits extended by this Act.
Amends the Internal Revenue Code to:
- extend through 2022 the tax credit for investment in solar energy property, geothermal heat pumps, fuel cell property, microturbine property, combined heat and power system property, and small wind energy property;
- allow an energy tax credit for investment in offshore wind facilities placed in service before January 1, 2021;
- extend through 2022 the tax credit for residential energy efficiency improvements;
- extend through 2022 the placed-in-service requirement for wind facilities and other renewable energy facilities for purposes of the tax credit for producing electricity from renewable resources;
- extend through 2022 the tax credit for nonbusiness residential energy property;
- allow a new tax credit, through 2022, for home energy efficiency improvements that increase energy efficiency by at least 20%;
- extend through 2022 the tax credit for new energy efficient homes; and
- increase, and extend through 2022, the tax deduction for energy efficient commercial buildings.
Directs the Secretary of Energy to establish a voluntary voucher program, through 2017, for the purchase of plug-in electric vehicles.
What's happening now
Referred to the Subcommittee on Energy and Power.
Committees of jurisdiction
3