Bill Sponsor
House Bill 2406
117th Congress(2021-2022)
Electric Power Infrastructure Improvement Act
Introduced
Introduced
Introduced in House on Apr 8, 2021
Overview
Text
Introduced
Apr 8, 2021
Latest Action
Apr 8, 2021
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
2406
Congress
117
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.
Sponsorship by Party
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Electric Power Infrastructure Improvement Act

This bill allows a tax credit through 2031 for investment in a qualifying electric power transmission line property. The bill defines qualifying electric power transmission line property as (1) any overhead, submarine, or underground transmission facility that is capable of transmitting electricity at a voltage of not less than 275 kilovolts, has a transmission capacity of not less than 500 megawatts, is an alternating current or direct current transmission line, and delivers power produced in either a rural area or offshore; and (2) conductors or cables, or other specified equipment, necessary for the proper operation of the facility.

Text (1)
April 8, 2021
Actions (2)
04/08/2021
Referred to the House Committee on Ways and Means.
04/08/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:48:52 PM