HR 7239 · 110th Congress 2007โ€“2009, ended

American Energy, American Innovation Act of 2008

Latest action · Dec 1, 2008 Referred to the Subcommittee on Energy and Mineral Resources.

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. IntroducedSep 29, 2008
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

American Energy, American Innovation Act of 2008 - Directs the Secretary of Energy to publish a plan for the sale and replacement of oil from the Strategic Petroleum Reserve (SPR).

Amends the Commodity Exchange Act to extend the jurisdiction of the Commodity Future Trading Commission (CFTC) to energy commodities.

Establishes the National Commission on Energy Independence in the legislative branch.

Amends the Public Utility Regulatory Policies Act of 1978 to establish a national renewable electricity standard.

Declares the sense of the Senate that by calendar 2030 the United States should be energy independent.

Amends the Internal Revenue Code to establish a tax credit for qualified plug-in electric drive motor vehicles and fuel-efficient motor vehicles placed in service by a taxpayer.

Directs the Secretary of Energy to conduct a program of alternative fuel transportation technology research, development, demonstration, and commercial application.

Increases and revises the formula for corporate fuel economy standards.

Prescribes tax credits and exclusions for: (1) enhancing the efficiency of specified conventional vehicles; (2) advanced coal and coal gasification (carbon mitigation) project investments; and (3) qualified energy conservation bonds. Extends tax credits for specified alternative fuels and biofuels and qualified green buildings and sustainable design projects.

Prescribes renewable energy and geothermal tax incentives.

Prohibits oil or natural gas leasing in any except specified areas of the Outer Continental Shelf (OCS), and only according to certain requirements.

Directs the Secretary of the Interior to establish Federal OCS Joint Regional Permitting Offices.

Amends the Energy Policy Act of 1992 to require the Secretary of Energy to carry out a coal innovation direct loan program.

Authorizes appropriations to the Nuclear Regulatory Commission (NRC) to establish an additional 60 full-time equivalent positions to expedite and streamline the processing of applications for new nuclear plants.

Establishes an interagency working group to make recommendations to coordinate federal government actions and programs to promote increasing domestic manufacturing capacity and export of domestic nuclear energy products and services.

Amends the Internal Revenue Code to allow a tax credit for carbon dioxide sequestration.

Offsets expenditures under this Act by terminating specified tax deductions and credits. Includes in gross income any compensation deferred under a nonqualified deferred compensation plan of a nonqualified entity when there is no substantial risk of forfeiture of the rights to such compensation.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Committees 7

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

ChamberCommitteeWhat it did
HouseEnergy and Commerce Committee
Referred Sep 29, 2008
HouseAgriculture Committee
Referred Sep 29, 2008
HouseWays and Means Committee
Referred Sep 29, 2008
HouseScience, Space, and Technology Committee
Referred Sep 29, 2008
HouseOversight and Government Reform Committee
Referred Sep 29, 2008
HouseTransportation and Infrastructure Committee
Referred Sep 29, 2008
Aviation Subcommittee
Referred Sep 30, 2008
Highways and Transit Subcommittee
Referred Sep 30, 2008
Railroads, Pipelines, and Hazardous Materials Subcommittee
Referred Sep 30, 2008
Water Resources and Environment Subcommittee
Referred Sep 30, 2008
HouseNatural Resources Committee
Referred Sep 29, 2008
Energy and Mineral Resources Subcommittee
Referred Dec 1, 2008

Actions 8

Everything that happened, newest first.

  1. Dec 1, 2008Referred to the Subcommittee on Energy and Mineral Resources.
  2. Sep 30, 2008Sponsor introductory remarks on measure. (CR E2161-2162)
  3. Sep 30, 2008Referred to the Subcommittee on Aviation.
  4. Sep 30, 2008Referred to the Subcommittee on Highways and Transit.
  5. Sep 30, 2008Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

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.

WhereIn the RecordMembersDate
ExtensionsDebate and remarks E2161Mark Udall D-COSep 30, 2008

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.

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

ProductTitleKindPublished
R45913Electricity Portfolio Standards: Background, Design Elements, and Policy Considerations ArchivedReportOct 21, 2020

Titles 2

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

Official Title as Introduced
To reduce gasoline prices, to lessen the dependence of the United States on foreign oil, to strengthen the economy of the United States, and for other purposes.
Short Titles as Introduced
American Energy, American Innovation Act of 2008

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Sep 29, 2008Introduced in House

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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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.