Preserving Our World's Energy and Resources Act of 2003

Fact Sheet API

Bill Number

HR 1423

Introduced

Mar 25, 2003

Latest Action

Referred to the Subcommittee on Health, for a period to be subsequently determined by the Chairman.

Sponsor

Cosponsors

Topics

Administrative procedure Alternative energy sources Biomass energy Building materials Business records Commerce Condominium (Housing) Consumer education Contracts Cooperative housing Department of Energy Electric power distribution Electric power transmission Electric utilities Electric utility rates Energy Federal Energy Regulatory Commission Fuel cells Geothermal resources Government Operations and Politics Government paperwork Income tax Independent regulatory commissions Law Minimum tax Prefabricated buildings Public Lands and Natural Resources Renewable natural resources Solar energy Tax credits Wind power

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Votes

Summary

Preserving Our World's Energy and Resources Act of 2003 - Amends the Internal Revenue Code to include as energy property for purposes of claiming the energy (investment) credit equipment which uses wind to generate electricity and cool roof property.

Allows a nonrefundable personal credit for qualified renewable resource property (solar, wind, and geothermal) and qualified cool roof property.

Amends the Federal Power Act to require retail electric suppliers to comply with specified requirements concerning net metering.

Actions

Apr 10, 2003

Referred to the Subcommittee on Health, for a period to be subsequently determined by the Chairman.
Mar 25, 2003

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.
Mar 25, 2003

Introduced in House

Amendments

Related Bills