Clean Energy Incentives Act

Summary

Clean Energy Incentives Act - Amends the Internal Revenue Code, with respect to renewable and alternative energy, alternative fuels and energy efficient vehicles, energy efficiency and conservation, and energy generation and management. Provides for: (1) a five year extension for the renewable resource credit for qualified facilities; (2) alternative resources (solar, biomass, incremental hydropower and geothermal, and geothermal energy) to qualify for the renewable resource credit; (3) a tradable resource credit for public utilities and other tax exempt organizations; (4) an extension of the deduction for certain refueling property; and (5) an energy efficient commercial building deduction. Provides tax credits for the following: (1) an alternative motor vehicle; (2) the retail sale of alternative fuels (compressed natural gas, liquefied natural gas, liquefied petroleum gas, hydrogen, and fuel which is at least 85 percent methanol) as motor vehicle fuel; (3) the installation of alternative (clean) fueling stations; (4) property to convert waste to fuel; (5) construction of new highly energy efficient homes; (6) energy efficient appliances; (7) adjustable speed drives; (8) energy efficient recycling or remanufacturing equipment; (9) distributed energy generation and demand property (specified solar, geothermal, energy efficient building, and other property) used in business; (10) distributed energy generation and demand property (specified photovoltaic, solar water heating, wind energy, fuel cell, and energy efficient property) used in residences; (11) energy management systems using residential real time metering systems; and (12) and flywheel property.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 June 2001

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• Introduced in House (PDF)

  Introduced in House · EN · 28 June 2001

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• Introduced in House

  summary · EN · 28 June 2001

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