Cofiring Promotion Act of 1989

Summary

Cofiring Promotion Act of 1989 - Directs the Secretary of Energy to: (1) establish and implement a research and demonstration program for cofiring natural gas with coal in utility and large industrial boilers; and (2) enter into cooperative agreements with appropriate parties for demonstrating cofiring technology. Authorizes appropriations. Amends the Internal Revenue Code to: (1) include cofiring activities within the scope of the research and development income tax credit; (2) apply the accelerated cost recovery system to cofiring equipment; and (3) exclude depreciation associated with cofiring equipment from taxable income under the alternative minimum tax.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

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• Introduced in House

  summary · EN · 5 April 1989

  Open at official source

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