To amend the Internal Revenue Code of 1986 to extend and modify the renewable energy production tax credit and the solar energy and fuel cell investment tax credit.
Latest action · May 22, 2008 Referred to the House Committee on Ways and Means.
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.
- IntroducedMay 22, 2008
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to: (1) extend through 2013 the tax credit for producing electricity from wind, open and closed-loop biomass, geothermal or solar energy, small irrigation power, landfill gas, trash combustion, refined coal, and hydropower facilities; (2) include marine and hydrokinetic renewable energy as a resource eligible for such credit; (3) extend through 2017 the investment tax credit for solar, fuel cell, and microturbine property; (4) repeal the dollar per kilowatt limitation for fuel cell property for purposes of the investment tax credit; and (5) allow public utility property to qualify for the investment tax credit.
Cosponsors 30
Members who signed on, in the order they did. Signatures ran from May 22, 2008 to Jul 24, 2008, with 24 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-MS | Charles W. "Chip" Pickering | Original | May 22, 2008 |
| R-CA | Darrell Issa | Original | May 22, 2008 |
| R-KY | Ed Whitfield | Original | May 22, 2008 |
| R-CA | Elton Gallegly | Original | May 22, 2008 |
| R-MI | Fred Upton | Original | May 22, 2008 |
| R-CA | George Radanovich | Original | May 22, 2008 |
| R-NM | Heather Wilson | Original | May 22, 2008 |
| R-LA | Jim McCrery | Original | May 22, 2008 |
| R-TX | Joe Barton | Original | May 22, 2008 |
| R-AZ | John B. Shadegg | Original | May 22, 2008 |
| R-NY | John R. "Randy" Kuhl Jr. | Original | May 22, 2008 |
| R-IL | John Shimkus | Original | May 22, 2008 |
| R-OK | John Sullivan | Original | May 22, 2008 |
| R-PA | Joseph R. Pitts | Original | May 22, 2008 |
| R-CA | Mary Bono | Original | May 22, 2008 |
Actions 2
Everything that happened, newest first.
- May 22, 2008Introduced in House
- May 22, 2008Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Agriculture and Food
- Alternative energy sources
- Biomass energy
- Coal
- Electric power production
- Electric utilities
- Energy
- Environmental Protection
- Fuel cells
- Geothermal resources
- Hydroelectric power
- Incineration
- Income tax
- Investment tax credit
- Irrigation
- Landfills
- Marine and coastal resources, fisheries
- Methane
- Natural gas
- Ocean energy resources
- Refuse as fuel
- Solar energy
- Tax credits
- Taxation
- Wind power
Text 1
Each version as it was printed, newest first.
- May 22, 2008Introduced in House
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.