GEO Act of 2019

Bill Number

HR 5154

Introduced

Nov 19, 2019

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Alternative and renewable resources Business investment and capital Electric power generation and transmission Income tax credits Taxation

Full Text

Votes

Summary

Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019

This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.

Actions

Amendments

Related Bills