STORAGE 2013 Act
Latest action · May 23, 2013 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3848-3849)
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 23, 2013
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Storage Technology for Renewable and Green Energy Act of 2013 or the STORAGE 2013 Act - Amends the Internal Revenue Code to: (1) allow, through 2020, a 20% energy tax credit for investment in energy storage property that is directly connected to the electrical grid (i.e., a system of generators, transmission lines, and distribution facilities) and that is designed to receive, store, and convert energy to electricity, deliver it for sale, or use such energy to provide improved reliability or economic benefits to the grid; (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 7
Members who signed on, in the order they did. Signatures ran from May 23, 2013 to Jul 31, 2014, with 3 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-ME | Angus S. King Jr. | Original | May 23, 2013 |
| D-OR | Jeff Merkley | Original | May 23, 2013 |
| R-ME | Susan M. Collins | Original | May 23, 2013 |
| D-MN | Al Franken | Sep 19, 2013 | |
| D-HI | Brian Schatz | Sep 19, 2013 | |
| D-NY | Kirsten E. Gillibrand | Jun 17, 2014 | |
| D-MT | John E. Walsh | Jul 31, 2014 |
Actions 3
Everything that happened, newest first.
- May 23, 2013Introduced in Senate
- May 23, 2013Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3848-3849)
- May 23, 2013Sponsor introductory remarks on measure. (CR S3847-3848)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1465 | STORAGE 2013 Act | Related bill | Apr 10, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 23, 2013Introduced 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.