S 1212 · 107th Congress 2001–2003, ended

Smart Metering Promotion Act of 2001

Fact sheet

Latest action · Jul 20, 2001 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJul 20, 2001
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Smart Metering Promotion Act of 2001 - Amends the Internal Revenue Code to allow tax credits, determined according to specified formulae, for qualified energy management devices and retrofitted qualified meters interconnected by the taxpayer with other devices in a manner that permits reading of energy price and usage signals on at least an hourly basis.

Defines a qualified energy management device as equipment, systems, software, and related devices which allow electric energy or natural gas consumers, suppliers, and service providers to manage the purchase, sale, and use of electricity or natural gas in response to energy price and usage signals, in order to improve the efficiency of energy and energy facility utilization.

Defines qualified retrofitted meter as an electric energy or natural gas meter or metering device that has been modified by the addition of such equipment.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Actions 2

Everything that happened, newest first.

  1. Jul 20, 2001Introduced in Senate
  2. Jul 20, 2001Read twice and referred to the Committee on Finance.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.