Electricity Reliability and Fuel Security Act
Latest action · Mar 14, 2018 Referred to the House Committee on Ways and Means.
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.
- IntroducedMar 14, 2018
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Electricity Reliability and Fuel Security Act
This bill amends the Internal Revenue Code to allow a tax credit through 2022 for a portion of the expenses for the operation or maintenance of a coal-powered electric generation unit, excluding expenses for coal.
The credit applies to taxpayers who own or lease an electric generation unit that uses coal to produce at least 75% of the electricity produced by the unit.
Qualified public entities may transfer the credit to an eligible project partner. A "qualified public entity" is: (1) a federal, state, or local government entity or any political subdivision, agency, or instrumentality thereof; (2) a mutual or cooperative electric company; or (3) a not-for-profit electric utility which had or has received a loan or loan guarantee under the Rural Electrification Act of 1936.
An "eligible project partner" is a person who:
- is responsible for operating, maintaining, or repairing the unit;
- participates in the provision, including transportation, of coal to the unit;
- provides financing for the construction or operation of the unit; or
- leases the unit.
Cosponsors 16
Members who signed on, in the order they did. Signatures ran from Mar 14, 2018 to Sep 25, 2018, with 5 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-KY | Andy Barr | Original | Mar 14, 2018 |
| R-WV | David B. McKinley | Original | Mar 14, 2018 |
| R-WV | Evan H. Jenkins | Original | Mar 14, 2018 |
| R-TX | Joe Barton | Original | Mar 14, 2018 |
| R-ND | Kevin Cramer | Original | Mar 14, 2018 |
| R-OH | Bob Gibbs | Mar 22, 2018 | |
| R-WV | Alexander X. Mooney | Apr 10, 2018 | |
| R-VA | H. Morgan Griffith | Apr 10, 2018 | |
| R-OH | Steve Stivers | Apr 10, 2018 | |
| R-KY | Harold Rogers | Apr 25, 2018 | |
| R-WY | Liz Cheney | May 16, 2018 | |
| R-MO | Ann Wagner | Jun 13, 2018 | |
| R-AZ | Paul A. Gosar | Jun 15, 2018 | |
| R-IL | John Shimkus | Jun 27, 2018 | |
| R-IL | Mike Bost | Sep 4, 2018 |
Actions 2
Everything that happened, newest first.
- Mar 14, 2018Introduced in House
- Mar 14, 2018Referred to the House Committee on Ways and Means.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2677 | Electricity Reliability and Fuel Security Act | Related bill | Apr 16, 2018 |
| S 2681 | Energy Reliability Act of 2018 | Related bill | Apr 17, 2018 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 14, 2018Introduced 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.