Bridge to a Clean Energy Future Act of 2014
Latest action · Sep 19, 2014 Sponsor introductory remarks on measure. (CR E1496)
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.
- IntroducedSep 18, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Bridge to a Clean Energy Future Act of 2014 - Amends the Internal Revenue Code to extend through 2015 the following energy-related tax provisions:
- the tax credits for residential energy efficiency improvements, alternative fuel vehicle refueling property expenditures, two-wheeled plug-in electric vehicles, second generation biofuel production, biodiesel and renewable diesel fuel mixtures, producing electricity using Indian coal facilities, the construction of energy-efficient new homes, and new qualified fuel cell motor vehicles;
- the enhanced depreciation allowance for second generation biofuel plant property;
- the tax deduction for energy efficient commercial buildings;
- the excise tax credit for alternative fuels and fuels involving liquefied hydrogen; and
- tax deferral rules for sales or dispositions of qualified electric utilities.
Extends through 2016, the tax credit for producing electricity using wind, biomass, geothermal, landfill gas, trash, hydropower, and marine and hydrokinetic renewable energy facilities.
Directs the Secretary of the Treasury to establish a program to consider and award certifications for qualified investments eligible for the advanced energy project tax credit. Limits the amount of credits that may be allocated under such program to not more than $5 billion (the 2013 allocation amount). Authorizes the Secretary to make direct payments to a taxpayer in lieu of a tax credit.
Extends the energy tax credit to solar energy, fuel cell, microturbine, combined heath and power system, small wind energy, and thermal energy properties the construction of which begins before January 1, 2017.
Cosponsors 23
Members who signed on, in the order they did. Signatures ran from Sep 18, 2014 to Nov 14, 2014, with 17 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-PA | Allyson Y. Schwartz | Original | Sep 18, 2014 |
| D-CA | Barbara Lee | Original | Sep 18, 2014 |
| D-NJ | Bill Pascrell, Jr. | Original | Sep 18, 2014 |
| D-NY | Charles B. Rangel | Original | Sep 18, 2014 |
| D-IL | Danny K. Davis | Original | Sep 18, 2014 |
| D-IA | David Loebsack | Original | Sep 18, 2014 |
| D-VA | James P. Moran | Original | Sep 18, 2014 |
| D-RI | James R. Langevin | Original | Sep 18, 2014 |
| D-WA | Jim McDermott | Original | Sep 18, 2014 |
| D-CT | John B. Larson | Original | Sep 18, 2014 |
| D-GA | John Lewis | Original | Sep 18, 2014 |
| D-CA | Linda T. Sánchez | Original | Sep 18, 2014 |
| D-CA | Mike Thompson | Original | Sep 18, 2014 |
| D-MA | Richard E. Neal | Original | Sep 18, 2014 |
| D-WI | Ron Kind | Original | Sep 18, 2014 |
Actions 3
Everything that happened, newest first.
- Sep 19, 2014Sponsor introductory remarks on measure. (CR E1496)
- Sep 18, 2014Introduced in House
- Sep 18, 2014Referred to the House Committee on Ways and Means.
Related bills 8
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1424 | SEAM Act of 2013 | Related bill | Apr 9, 2013 |
| S 2003 | Renewable Energy Parity Act of 2014 | Related bill | Feb 6, 2014 |
| S 2260 | EXPIRE Act of 2014 | Related bill | May 7, 2014 |
| HR 2502 | Renewable Energy Parity Act of 2013 | Related bill | Jun 25, 2013 |
| HR 3017 | Renewable Energy Construction and Investment Parity Act of 2013 | Related bill | Aug 12, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Alternative and renewable resources
- Building construction
- Business investment and capital
- Coal
- Electric power generation and transmission
- Energy efficiency and conservation
- Hybrid, electric, and advanced technology vehicles
- Income tax credits
- Income tax deductions
- Indian lands and resources rights
- Lighting, heating, cooling
- Manufacturing
- Motor fuels
- Sales and excise taxes
- Taxation
- Unemployment
Text 1
Each version as it was printed, newest first.
- Sep 18, 2014Introduced 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.