HR 5523
116th Congress
House
Taxation
Advanced technology and technological innovations
Air quality
Alternative and renewable resources
Building construction
Electric power generation and transmission
Energy efficiency and conservation
Energy storage, supplies, demand
Income tax credits
Performance measurement
Transfer and inheritance taxes
Water use and supply
Energy Sector Innovation Credit Act of 2019
Introduced: December 19, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 19, 2019
Referred to the House Committee on Ways and Means.
Dec 19, 2019
Introduced in House
Plain-English summary
Energy Sector Innovation Credit Act of 2019
This bill allows new tax credits for investment in emerging energy technology and for the production of electricity from such technology.
The bill also allows an energy tax credit for energy storage technologies, including equipment which receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1