House Bill 5155
116th Congress(2019-2020)
Waste Heat to Power Investment Tax Credit Act of 2019
Introduced
Introduced in House on Nov 19, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5155
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Waste Heat to Power Investment Tax Credit Act of 2019
This bill amends the Internal Revenue Code to include waste energy recovery property in the 30% energy tax credit, subject to a phaseout.
The bill defines "waste energy recovery property" as property that generates electricity solely from heat from buildings or equipment if the primary purpose of such buildings or equipment is not the generation of electricity. Such property may not have a capacity in excess of 50 megawatts.
November 19, 2019
11/19/2019
Referred to the House Committee on Ways and Means.
11/19/2019
Introduced in House
Public Record
Record Updated
Oct 28, 2022 2:00:28 AM