HR 6275 · 112th Congress 2011–2013, ended

Clean Energy Victory Bond Act of 2012

Introduced Aug 2, 2012 Originated House Sponsor Bob Filner D-CA

Latest action · Sep 20, 2012 Referred to the Subcommittee on Energy and Environment.

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.

IntroducedAug 2, 2012
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Clean Energy Victory Bond Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2022 the tax credit for investment in solar energy property, geothermal heat pumps, fuel cell property, microturbine property, combined heat and power system property, and small wind energy property; (2) allow an energy tax credit for investment in offshore wind facilities placed in service before January 1, 2021; (3) extend through 2022 placed-in-service dates for wind facilities and other renewable energy facilities for purposes of the tax credit for producing electricity from renewable energy facilities; (4) extend through 2022 the tax credit for residential energy efficiency improvements; and (5) increase the amount of credits allocable under the qualifying advanced energy project program.

Amends the American Recovery and Reinvestment Act of 2009 to extend through 2014 the grant program for investment in alternative and renewable energy property in lieu of tax credits for such property.

Directs the Secretary of Energy to: (1) establish a voluntary voucher program, through 2015, for the purchase of plug-in electric vehicles; and (2) provide grants to state, local, and tribal governments for the installation and operation of public charging stations for plug-in hybrid electric vehicles.

Amends the Energy Policy Act of 2005 to extend through FY2022 loan guarantees for renewable energy systems, electronic power transmission systems, and certain biofuel projects.

Directs the Secretary of the Treasury to issue Clean Energy Victory Bonds to pay for the extension of the energy-related tax expenditures in this Act.

Cosponsors 15

Members who signed on, in the order they did. Signatures ran from Aug 2, 2012 to Nov 29, 2012; 10 are original cosponsors, there from the day it was introduced.

Seat	Cosponsor		Signed on
D-IN	André Carson	Original	Aug 2, 2012
D-ME	Chellie Pingree	Original	Aug 2, 2012
D-RI	David N. Cicilline	Original	Aug 2, 2012
D-OH	Dennis J. Kucinich	Original	Aug 2, 2012
D-GA	Henry C. "Hank" Johnson, Jr.	Original	Aug 2, 2012
D-NY	Maurice D. Hinchey	Original	Aug 2, 2012
D-IL	Mike Quigley	Original	Aug 2, 2012
D-MO	Russ Carnahan	Original	Aug 2, 2012
D-NJ	Steven R. Rothman	Original	Aug 2, 2012
D-MO	Wm. Lacy Clay	Original	Aug 2, 2012
D-CA	Fortney Pete Stark		Sep 10, 2012
D-NY	Steve Israel		Sep 10, 2012
D-CO	Jared Polis		Sep 20, 2012
D-CA	Zoe Lofgren		Nov 27, 2012
D-CA	Doris O. Matsui		Nov 29, 2012

Committees 4

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

Chamber	Committee	What it did
House	Ways and Means Committee	Referred Aug 2, 2012
House	Energy and Commerce Committee	Referred Aug 2, 2012
	Energy Subcommittee	Referred Aug 3, 2012
House	Science, Space, and Technology Committee	Referred Aug 2, 2012
	Energy Subcommittee	Referred Sep 20, 2012
House	Transportation and Infrastructure Committee	Referred Aug 2, 2012
	Highways and Transit Subcommittee	Referred Aug 3, 2012

Actions 6

Everything that happened, newest first.

Sep 20, 2012Referred to the Subcommittee on Energy and Environment.
Aug 3, 2012Sponsor introductory remarks on measure. (CR E1424-1425)
Aug 3, 2012Referred to the Subcommittee on Energy and Power.
Aug 3, 2012Referred to the Subcommittee on Highways and Transit.
Aug 2, 2012Introduced in House
Aug 2, 2012Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Science, Space, and Technology, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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.

Where	In the Record	Members	Date
Extensions	Debate and remarks E1750	Bob Filner D-CA	Nov 13, 2012
Extensions	Debate and remarks E1424	Bob Filner D-CA	Aug 3, 2012

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.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: The constitutional authority of Congress to enact this legislation is provided by Article I, Section 8 of the United States Constitution (clauses 1, 2, and 18), which grant Congress the power to provide for the general welfare of the United States; to borrow money on the credit of the United States; and to make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers.

The sponsor’s statement, as printed in the page H5708.

Titles 2

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

Official Title as Introduced: To promote the domestic development and deployment of clean energy technologies required for the 21st century.
Short Titles as Introduced: Clean Energy Victory Bond Act of 2012

Subjects

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

Text 1

Each version as it was printed, newest first.

Aug 2, 2012Introduced 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.