S 2571 · 109th Congress 2005–2007, ended

BOLD Energy Act of 2006

Latest action · Apr 6, 2006 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. IntroducedApr 6, 2006
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Breaking Our Long-Term Dependence Energy Act of 2006 or the BOLD Energy Act of 2006 - Directs the Secretary of Transportation to establish: (1) a rebate program for reducing fuel consumption levels; and (2) a National Tire Efficiency Program.

Requires motor vehicle manufacturers to equip 30% of their 2011 models and 100% of all 2017 models with alternative fuel technology.

Amends the Internal Revenue Code to allow new tax credits for: (1) idling reduction devices; (2) the manufacture of advanced technology motor vehicles; (3) wind energy property; and (4) investment in clean energy coal bonds and combined heat and power system property.

Repeals the limitation on the number of hybrid and advanced lean burn technology vehicles eligible for the alternative motor vehicle tax credit.

Extends through 2010: (1) the tax credits for electric vehicles, energy efficient homes, and nonbusiness energy property; and (2) the tax deduction for energy efficient commercial buildings.

Extends through 2012 tax credits for: (1) producing energy from certain renewable resources; (2) investment in clean renewable energy bonds; (3) residential energy efficient property; and (4) investment in solar energy property.

Extends through 2013 income and excise tax credits for alcohol, biodiesel, and renewable diesel used as fuel.

Increases from 30 to 50% the tax credit rate for alternative vehicle refueling property (service stations for dispensing alternative fuels to retail consumers) and extends such credit through 2013.

Allows use of civil penalties for noncompliance with fuel economy standards to finance alternative vehicle refueling properties.

Increases the tax credit rate for enhanced oil recovery from 15 to 20% for enhanced oil recovery project costs.

Directs the Secretary of Energy to establish programs for: (1) new vehicles technology research and development; (2) building refineries for converting coal into liquid transportation fuel; (3) energy trading credits; and (4) advanced clean low-rank coal development.

Directs the Secretary of the Interior to offer the 181 Area (Gulf of Mexico) for oil and gas leasing within one year of enactment of this Act.

Amends the Clean Air Act to: (1) increase the volume of renewable fuels (including biodiesel) to 30 billion gallons by 2025; (2) increase the level of cellulosic biomass and sugar in renewable fuels; (3) establish a program to produce cellulosic ethanol and ethanol produced from sugar; and (4) set forth a renewable fuel program for the diesel motor pool.

Authorizes appropriations for projects to promote the transition to a hydrogen-based economy.

Cosponsors 2

Members who signed on, in the order they did. Signatures ran from Apr 24, 2006 to Apr 27, 2006.

SeatCosponsorSigned on
D-NDByron L. DorganApr 24, 2006
D-MNMark DaytonApr 27, 2006

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateFinance Committee
Referred Apr 6, 2006

Actions 3

Everything that happened, newest first.

  1. Apr 6, 2006Introduced in Senate
  2. Apr 6, 2006Sponsor introductory remarks on measure. (CR S3231-3233)
  3. Apr 6, 2006Read twice and referred to the Committee on Finance.

In the Congressional Record 2

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.

WhereIn the RecordMembersDate
SenateDebate and remarks S3783Jeff Bingaman D-NMMay 1, 2006
SenateDebate and remarks S3231–S3234Kent Conrad D-ND, Lamar Alexander R-TNApr 6, 2006

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 2

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
S. Hrg. 109-1147CAPITALIZING ON RENEWABLES FOR OREGON'S ECONOMY64 pagesCommerce, Science, and Transportation CommitteeAug 16, 2006
S. Hrg. 109-1119REFORMING CORPORATE AVERAGE FUEL ECONOMY (CAFE) STANDARDS89 pagesCommerce, Science, and Transportation CommitteeMay 9, 2006

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 5331BOLD Energy Act of 2006Identical billSep 7, 2006

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to promote energy production and conservation, and for other purposes.
Short Titles as Introduced
Breaking Our Long-Term Dependence Energy Act of 2006
BOLD Energy Act of 2006

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Apr 6, 2006Introduced in Senate

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

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.