BTU Act of 2019
Latest action · Feb 28, 2019 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.
- IntroducedFeb 28, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Biomass Thermal Utilization Act of 2019 or the BTU Act of 2019
This bill expands the tax credit for residential energy efficient property to include 30% of qualified biomass fuel property expenditures for property placed in service before 2024. A qualified biomass fuel property expenditure is an expenditure for property that uses the burning of biomass fuel (a plant-derived fuel available on a renewable or recurring basis) to heat a dwelling used as a residence, or to heat water for use in such dwelling, and which has a thermal efficiency rating of at least 75%.
The bill also allows (1) a 15% energy tax credit until 2024 for investment in open-loop biomass heating property, including boilers or furnaces that operate at thermal output efficiencies of at least 65% and provide thermal energy in the form of heat, hot water, or steam for space heating, air conditioning, domestic hot water, or industrial process heat; and (2) a 30% credit until 2024 for investment in such property that operates at a thermal output efficiency of at least 80%.
Cosponsors 12
Members who signed on, in the order they did. Signatures ran from Feb 28, 2019 to Dec 10, 2019, with 3 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NH | Ann M. Kuster | Original | Feb 28, 2019 |
| D-ME | Chellie Pingree | Original | Feb 28, 2019 |
| R-PA | Mike Kelly | Original | Feb 28, 2019 |
| D-ME | Jared F. Golden | Mar 11, 2019 | |
| D-NY | Anthony Brindisi | Jun 4, 2019 | |
| D-CT | Joe Courtney | Sep 16, 2019 | |
| D-NH | Chris Pappas | Sep 18, 2019 | |
| R-NY | Elise M. Stefanik | Oct 30, 2019 | |
| D-PA | Matt Cartwright | Oct 30, 2019 | |
| R-PA | Daniel Meuser | Nov 19, 2019 | |
| R-PA | Fred Keller | Nov 19, 2019 | |
| R-NJ | Jefferson Van Drew | Dec 10, 2019 |
Actions 2
Everything that happened, newest first.
- Feb 28, 2019Introduced in House
- Feb 28, 2019Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 628 | BTU Act of 2019 | Identical bill | Feb 28, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Feb 28, 2019Introduced 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.