Energy Storage Tax Incentive and Deployment Act of 2021
Latest action · Mar 9, 2021 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 9, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Energy Storage Tax Incentive and Deployment Act of 2021
This bill allows tax credits for (1) energy storage technologies, and (2) battery storage technology.
The bill expands the tax credit for investments in energy property to include equipment that (1) receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including electrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies identified by the Internal Revenue Service; and (2) has a capacity of at least five kilowatt hours.
The bill also expands the tax credit for residential energy efficient property to include expenditures for battery storage technology that (1) is installed on or in connection with a dwelling unit located in the United States and used as a residence by the taxpayer, and (2) has a capacity of at least three kilowatt hours.
Cosponsors 32
Members who signed on, in the order they did. Signatures ran from Mar 9, 2021 to May 13, 2022; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-OR | Earl Blumenauer | Original | Mar 9, 2021 |
| R-FL | Vern Buchanan | Original | Mar 9, 2021 |
| D-IL | Cheri Bustos | Apr 8, 2021 | |
| R-IL | Darin LaHood | Apr 8, 2021 | |
| D-CO | Diana DeGette | Apr 8, 2021 | |
| D-CA | Nanette Diaz Barragán | Apr 8, 2021 | |
| D-NY | Paul Tonko | Apr 8, 2021 | |
| D-VT | Peter Welch | Apr 8, 2021 | |
| D-ME | Chellie Pingree | Apr 19, 2021 | |
| R-PA | Brian K. Fitzpatrick | May 13, 2021 | |
| R-IA | Mariannette Miller-Meeks | May 13, 2021 | |
| D-NH | Chris Pappas | May 19, 2021 | |
| D-VA | Donald S. Beyer, Jr. | May 19, 2021 | |
| D-NJ | Jefferson Van Drew | May 19, 2021 | |
| D-NY | Nydia M. Velázquez | May 19, 2021 | |
| D-CA | Julia Brownley | May 20, 2021 | |
| D-NY | Yvette D. Clarke | May 20, 2021 | |
| D-VA | Abigail Davis Spanberger | Jun 14, 2021 | |
| D-IL | Bill Foster | Jun 14, 2021 | |
| D-MI | Daniel T. Kildee | Jun 14, 2021 | |
| R-NE | Don Bacon | Jun 14, 2021 | |
| D-WI | Mark Pocan | Jun 14, 2021 | |
| D-NJ | Mikie Sherrill | Jun 14, 2021 | |
| D-AZ | Raúl M. Grijalva | Jun 14, 2021 | |
| R-WA | Jaime Herrera Beutler | Jun 24, 2021 | |
| D-CA | Barbara Lee | Jul 13, 2021 | |
| D-NJ | Bill Pascrell, Jr. | Jul 13, 2021 | |
| D-CO | Ed Perlmutter | Jul 13, 2021 | |
| D-CA | Mike Levin | Jul 13, 2021 | |
| D-WA | Derek Kilmer | Jul 27, 2021 | |
| D-NJ | Frank Pallone, Jr. | Jul 27, 2021 | |
| D-MO | Emanuel Cleaver | May 13, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Mar 9, 2021 |
Actions 2
Everything that happened, newest first.
- Mar 9, 2021Introduced in House
- Mar 9, 2021Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 44, March 9, 2021, page H1190.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 627 | Energy Storage Tax Incentive and Deployment Act of 2021 | Identical bill | Mar 9, 2021 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to provide tax credits for energy storage technologies, and for other purposes.
- Short Title(s) as Introduced
- Energy Storage Tax Incentive and Deployment Act of 2021
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 9, 2021Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
