HR 5154
116th Congress
House
Taxation
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Income tax credits
GEO Act of 2019
Introduced: November 19, 2019
Introduced by:
Horsford, Steven
Democratic
· Nevada
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2019
Referred to the House Committee on Ways and Means.
Nov 19, 2019
Introduced in House
Plain-English summary
Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019
This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1