STORAGE Act of 2009
Latest action · May 20, 2009 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)
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 20, 2009
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Storage Technology of Renewable and Green Energy Act of 2009 or the STORAGE Act of 2009 - Amends the Internal Revenue Code to: (1) allow a 20% energy tax credit for investment in energy storage property directly connected to the electrical grid (i.e., state systems of generators, transmission lines, and distribution facilities) and designed to receive, store, and convert energy to electricity and deliver such electricity for sale; (2) make such property eligible for new clean renewable energy bond financing; (3) allow a 30% energy tax credit for investment in energy storage property used at the site of energy storage; and (4) allow a 30% nonbusiness energy property tax credit for the installation of energy storage equipment in a principal residence.
Cosponsors 6
Members who signed on, in the order they did. Signatures ran from Jun 15, 2009 to Jun 10, 2010.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NJ | Robert Menendez | Jun 15, 2009 | |
| R-ME | Susan M. Collins | Jun 22, 2009 | |
| D-MA | John F. Kerry | Jul 6, 2009 | |
| D-NH | Jeanne Shaheen | Jul 15, 2009 | |
| D-ND | Byron L. Dorgan | Aug 6, 2009 | |
| R-AK | Lisa Murkowski | Jun 10, 2010 |
Actions 3
Everything that happened, newest first.
- May 20, 2009Introduced in Senate
- May 20, 2009Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)
- May 20, 2009Sponsor introductory remarks on measure. (CR S5704-5706)
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3617 | STORAGE 2010 Act | Related bill | Jul 20, 2010 |
| HR 4210 | STORAGE Act of 2009 | Identical bill | Dec 3, 2009 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 20, 2009Introduced in Senate
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.