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United States · Bill · HR

H.R. 1611 (112th)

Clean Energy Business Zone Act of 2011

referredUnited States· United States Congress· EN

Introduced

15 April 2011

Last action

15 April 2011 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Rep. Grimm, Michael G. [R-NY-11], Rep. Bartlett, Roscoe G. [R-MD-6]

Subjects

Energy, Taxation

Source updated

14 August 2025

Energy · Taxation

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Summary

Clean Energy Business Zone Act of 2011 and the Clean Energy Empowerment Zone Act of 2011 - Amends the Internal Revenue Code to: (1) authorize the Secretary of the Treasury to designate 40 clean energy business zones between 2011 and 2014, (2) allow an increased tax credit for wages paid in such a zone, (3) allow a work opportunity tax credit for wages paid to an employee in such a zone, (4) allow financing of any qualified Green building or clean energy facility with clean renewable energy bonds, (5) allow increased expensing of property in such a zone, and (6) allow an exclusion from gross income of gain from the sale or exchange or any clean energy business zone asset held for more than five years. Amends the Small Business Act and the Small Business Investment Act of 1958 to waive loan fees for qualified Green building and clean energy facility loans made before 2022.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 15 April 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 15 April 2011

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 15 April 2011

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Related records

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Sources

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