National Electricity and Environmental Technology Act
Latest action · Jan 22, 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.
- IntroducedJan 22, 2001
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to allow tax credits for investment in: (1) a qualifying clean coal technology unit in an existing coal-based electricity generation facility; and (2) early commercial applications of qualifying advanced clean coal technologies. Sets forth formulae for determining tax credits for unit production of both kinds of technologies.
Exempts the installation of a qualifying system of continuous emission control from new source review requirements under the Clean Air Act. Grants a ten-year exemption from any new or increased emission control requirements for the specific pollutant controlled by such a system to any existing coal-based electricity generating unit on which it has been installed, if the system meets or exceeds the specified standard of performance for new stationary sources.
Directs the Secretary of the Treasury to establish a financial risk pool for a limited time to offset the modification costs resulting from the failure of qualifying advanced clean coal technology to achieve its design performance.
Cites conditions under which credits for emission reductions and efficiency improvements in existing coal-based generating facilities of electric cooperatives or publicly owned electric utilities may be treated as offset credits.
Entitles the Tennessee Valley Authority to aggregate certain clean coal technology credits and apply them as a credit against obligations for annual returns on the appropriations investment and annual repayment sums.
Cosponsors 29
Members who signed on, in the order they did. Signatures ran from Jan 25, 2001 to Aug 3, 2001.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-ND | Byron L. Dorgan | Jan 25, 2001 | |
| D-NV | Harry Reid | Jan 25, 2001 | |
| D-NM | Jeff Bingaman | Jan 25, 2001 | |
| R-KY | Mitch McConnell | Jan 25, 2001 | |
| D-IL | Richard J. Durbin | Jan 25, 2001 | |
| R-MT | Conrad R. Burns | Feb 6, 2001 | |
| R-OH | George V. Voinovich | Feb 6, 2001 | |
| R-WY | Michael B. Enzi | Feb 6, 2001 | |
| R-OH | Mike DeWine | Feb 6, 2001 | |
| D-IN | Evan Bayh | Feb 13, 2001 | |
| D-WV | John D. Rockefeller IV | Feb 13, 2001 | |
| R-PA | Rick Santorum | Feb 13, 2001 | |
| R-CO | Ben Nighthorse Campbell | Feb 15, 2001 | |
| R-WY | Craig Thomas | Feb 15, 2001 | |
| D-ND | Kent Conrad | Feb 15, 2001 | |
| R-TN | Fred Thompson | Feb 26, 2001 | |
| D-SD | Tim Johnson | Feb 26, 2001 | |
| D-WI | Herb Kohl | Mar 5, 2001 | |
| R-CO | Wayne Allard | Mar 5, 2001 | |
| D-GA | Max Cleland | Mar 12, 2001 | |
| R-NM | Pete V. Domenici | Mar 12, 2001 | |
| R-MO | Christopher S. Bond | Apr 25, 2001 | |
| R-AL | Richard C. Shelby | Apr 25, 2001 | |
| R-KY | Jim Bunning | May 9, 2001 | |
| R-AR | Tim Hutchinson | May 9, 2001 | |
| D-PA | Arlen Specter | May 23, 2001 | |
| R-VA | George Allen | May 23, 2001 | |
| R-NC | Jesse Helms | Jul 18, 2001 | |
| R-TN | William H. Frist | Aug 3, 2001 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jan 22, 2001 |
Actions 2
Everything that happened, newest first.
- Jan 22, 2001Introduced in Senate
- Jan 22, 2001Read twice and referred to the Committee on Finance.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S4394 | Robert C. Byrd D-WV | May 4, 2001 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 4
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 107-25 | THIRD IN SERIES ON EFFECT OF FEDERAL TAX LAWS ON THE PRODUCTION, SUPPLY, AND CONSERVATION OF ENERGY129 pages | Ways and Means Committee | Jun 13, 2001 |
| Serial No. 107-27 | SECOND IN SERIES ON EFFECT OF FEDERAL TAX LAWS ON THE PRODUCTION, SUPPLY, AND CONSERVATION OF ENERGY130 pages | Ways and Means Committee | Jun 12, 2001 |
| Serial No. 107-12 | NATIONAL ENERGY POLICY: CRUDE OIL AND REFINED PETROLEUM PRODUCTS94 pages | Energy and Commerce Committee | Mar 30, 2001 |
| S. Hrg. 107-315 | Clean Air Act Oversight Issues564 pages | Environment and Public Works Committee | Mar 21, 2001–Aug 1, 2001 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to authorize the Department of Energy programs to develop and implement an accelerated research and development program for advanced clean coal technologies for use in coal-based electricity generating facilities and to amend the Internal Revenue Code of 1986 to provide financial incentives to encourage the retrofitting, repowering, or replacement of coal-based electricity generating facilities to protect the environment and improve efficiency and encourage the early commercial application of advanced clean coal technologies, so as to allow coal to help meet the growing need of the United States for the generation of reliable and affordable electricity.
- Short Titles as Introduced
- National Electricity and Environmental Technology Act
Subjects
Assigned by the Library of Congress. Policy area: Energy.
- Air pollution control
- Air pollution control equipment
- Business income tax
- Coal
- Coal research
- Coal-fired power plants
- Cogeneration of electric power and heat
- Commerce
- Commercialization
- Congress
- Congressional reporting requirements
- Construction costs
- Cooperative societies
- Economics and Public Finance
- Electric power production
- Electric utilities
- Electric utility rates
- Energy
- Energy efficiency
- Energy tax credits
- Environmental Protection
- Feedstock
- Finance and Financial Sector
- Government and business
- Government corporations
- Government Operations and Politics
- Governmental investigations
- Income tax
- Indexing (Economic policy)
- Insurance
- Investment tax credit
- Leases
- Mercury
- Nitrogen oxides
- Recycling of waste products
- Research and development
- Risk management
- Science, Technology, Communications
- Subsidies
- Sulphur dioxide
- Tax refunds
- Taxation
- Technological innovations
- Technology assessment
- Tennessee Valley Authority
- Tennessee Valley development
- Water Resources Development
Text 1
Each version as it was printed, newest first.
- Jan 22, 2001Introduced in Senate
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
