Financing Advanced and Superconducting Transmission Act of 2009

Fact Sheet API

Bill Number

HR 2348

Introduced

May 12, 2009

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Advanced technology and technological innovations Business investment and capital Electric power generation and transmission Energy efficiency and conservation Income tax credits Income tax deductions Taxation

Full Text

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Votes

Summary

Financing Advanced and Superconducting Transmission Act of 2009 - Amends the Internal Revenue Code to allow: (1) accelerated depreciation of qualified advanced electric transmission property placed in service before January 1, 2017; and (2) an energy tax credit for investment in qualified high efficiency transmission property or qualified advanced electric transmission property.

Actions

May 12, 2009

Referred to the House Committee on Ways and Means.
May 12, 2009

Introduced in House

Amendments

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