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United States · Bill · HR

H.R. 2828 (109th)

New Apollo Energy Act of 2005

openUnited States· United States Congress· EN

Introduced

9 June 2005

Last action

19 June 2006 · Introduced

Status

Sponsor introductory remarks on measure. (CR H4207)

Sponsors

Rep. Inslee, Jay [D-WA-1], Sen. Van Hollen, Chris [D-MD], Rep. Holt, Rush [D-NJ-12], Rep. Israel, Steve [D-NY-3], Rep. Honda, Michael M. [D-CA-15], Rep. McDermott, Jim [D-WA-7], Rep. Larsen, Rick [D-WA-2], Rep. Jackson, Jesse L., Jr. [D-IL-2], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Langevin, James R. [D-RI-2], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Emanuel, Rahm [D-IL-5], Sen. Baldwin, Tammy [D-WI], Rep. Miller, George [D-CA-11], Rep. Smith, Adam [D-WA-9], Rep. Crowley, Joseph [D-NY-14], Rep. Nadler, Jerrold [D-NY-12], Rep. Kind, Ron [D-WI-3], Rep. Moran, James P. [D-VA-8], Rep. Berkley, Shelley [D-NV-1], Rep. Olver, John W. [D-MA-1], Rep. Frank, Barney [D-MA-4], Rep. Stark, Fortney Pete [D-CA-13], Rep. Evans, Lane [D-IL-17], Rep. Lee, Barbara [D-CA-12], Rep. Weiner, Anthony D. [D-NY-9], Rep. Blumenauer, Earl [D-OR-3], Rep. Meehan, Martin T. [D-MA-5], Rep. McGovern, James P. [D-MA-2], Sen. Sanders, Bernard [I-VT], Rep. Matsui, Doris O. [D-CA-7], Rep. Lantos, Tom [D-CA-12], Rep. DeFazio, Peter A. [D-OR-4], Rep. Doggett, Lloyd [D-TX-37], Rep. Schwartz, Allyson Y. [D-PA-13], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Delahunt, William D. [D-MA-10], Rep. Woolsey, Lynn C. [D-CA-6], Rep. McCollum, Betty [D-MN-4], Rep. Jefferson, William J. [D-LA-2], Rep. Conyers, John, Jr. [D-MI-13], Sen. Schiff, Adam B. [D-CA], Rep. Carnahan, Russ [D-MO-3], Rep. Shays, Christopher [R-CT-4]

Subjects

Housing, Energy, Taxation, Education, Climate

Source updated

23 March 2026

Housing · Energy · Taxation · Education · Climate

Official sourceDownload fileView documentsShare

Summary

New Apollo Energy Act of 2005 - Establishes the New Apollo Energy Act Performance Goals, which the President shall consider when formulating and enforcing national energy policy. Instructs the Secretary of Energy to coordinate the participation of National Laboratories, universities, commercial industry, and other organizations in implementing this Act. Sets forth technology research programs concerning: (1) clean energy; (2) energy efficiency; (3) fusion energy; and (4) ultra-deepwater and extended reach drilling and carbon sequestration technologies. Creates tax incentives, in the form of tax credits and deductions from grosss income, for new technologies. Sets forth a federal framework for support of diverse energy technology initiatives. Directs the President to fill the Strategic Petroleum Reserve to full capacity and ensure that the fill rate minimizes impacts on petroleum markets. Amends the Commodity Exchange Act to grant the Commodity Futures Trading Commission jurisdiction over energy trading markets and metals trading markets. Sets forth federal assistance programs covering weatherization and energy efficient housing. Sets forth a national net metering requirement for utilities and interconnection standards for distributive energy generation. Sets forth initiatives to reduce greenhouse gases including: (1) federal climate change research; (2) national greenhouse gas database; (3) market-driven greenhouse gas reductions; and (4) emission reduction requirements and allocation and use of tradeable allowances. Establishes the Climate Change Credit Corporation to use the tradeable allowances, and proceeds derived from its trading activities in tradeable allowances, to reduce costs borne by consumers as a result of the greenhouse gas reduction requirements. Amends the Clean Air Act to set forth a renewable fuel program. Sets forth a program of loan guarantees for biorefineries and renewable electricity generation facilities. Balanced Energy Supply Tax Policy Act of 2005 - Amends the Internal Revenue Code of 1986 to: (1) limit tax reductions to revenue raised by tax offsets; and (2) deny treaty benefits for certain deductible payments. Prescribes guidelines governing the: (1) doctrine of economic substance; (2) penalty for understatements attributable to transactions lacking economic substance; and (3) understatement of taxpayer's liability by income tax return preparer.

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

Timeline

  1. 8 June 2005

    Introduced

    Sponsor introductory remarks on measure. (CR H4290-4294)

    Source: IntroReferral

  2. 9 June 2005

    Introduced

    Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Ways and Means, Financial Services, Transportation and Infrastructure, Education and the Workforce, Government Reform, and Agriculture, 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. 9 June 2005

    Introduced

    Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Ways and Means, Financial Services, Transportation and Infrastructure, Education and the Workforce, Government Reform, and Agriculture, 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

  4. 9 June 2005

    Introduced

    Sponsor introductory remarks on measure. (CR E1194)

    Source: IntroReferral

  5. 9 June 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  6. 9 June 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  7. 10 June 2005

    Referred

    Referred to the Subcommittee on Aviation.

    Source: Committee

  8. 16 June 2005

    Referred

    Referred to the Subcommittee on Energy.

    Source: Committee

  9. 17 June 2005

    Referred

    Referred to the Subcommittee on Energy and Air Quality.

    Source: Committee

  10. 28 June 2005

    Referred

    Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.

    Source: Committee

  11. 11 July 2005

    Referred

    Referred to the Subcommittee on Workforce Protections.

    Source: Committee

  12. 7 October 2005

    Introduced

    Sponsor introductory remarks on measure. (CR H8771)

    Source: IntroReferral

  13. 27 April 2006

    Introduced

    Sponsor introductory remarks on measure. (CR H1908, H1909)

    Source: IntroReferral

  14. 19 June 2006

    Introduced

    Sponsor introductory remarks on measure. (CR H4207)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 9 June 2005

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  • Introduced in House (PDF)

    Introduced in House · EN · 9 June 2005

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  • Introduced in House

    summary · EN · 9 June 2005

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Sponsors

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Related records

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Sources

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