STORAGE 2012 Act

Summary

Storage Technology for Renewable and Green Energy Act of 2012 or the STORAGE 2012 Act - Amends the Internal Revenue Code to: (1) allow, through 2020, a 20% energy tax credit for investment in energy storage property that is directly connected to the electrical grid (i.e., a system of generators, transmission lines, and distribution facilities) and that is designed to receive, store, and convert energy to electricity, deliver it for sale, or use such energy to provide improved reliability or economic benefits to the grid; (2) make such property eligible for new clean renewable energy bond financing; (3) allow a 30% energy tax credit for investment in energy storage property used at the site of energy storage; and (4) allow a 30% nonbusiness energy property tax credit for the installation of energy storage equipment in a principal residence.

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Timeline

1. 28 February 2012

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 28 February 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 February 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 28 February 2012 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 February 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 February 2012

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 28 February 2012

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Gibson, Christopher P. [R-NY-19] · R · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• Sen. Hirono, Mazie K. [D-HI] · D · Cosponsor
• Rep. Michaud, Michael H. [D-ME-2] · D · Cosponsor
• Rep. King, Peter T. [R-NY-2] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← STORAGE 2011 Act