House Bill 7196
115th Congress(2017-2018)
Energy Sector Innovation Credit Act of 2018
Introduced
Introduced in House on Nov 29, 2018
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
7196
Congress
115
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
Energy Sector Innovation Credit Act of 2018
This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities.
November 29, 2018
11/29/2018
Referred to the House Committee on Ways and Means.
11/29/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:41:00 PM