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United States · Bill · HR

H.R. 5172 (114th)

To amend the Internal Revenue Code of 1986 to extend and phaseout the energy credit for certain property.

referredUnited States· United States Congress· EN

Introduced

6 May 2016

Last action

6 May 2016 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Patrick Meehan, Rep. Carney, John C., Jr. [D-DE-At Large], Tom Reed, Patrick McHenry, RON KIND, Elise Stefanik, Rep. Fitzpatrick, Michael G. [R-PA-8], Tim Murphy, PETER KING, Tom Marino, Ryan Costello, Charles Dent, MIKE DOYLE

Subjects

Energy, Taxation

Source updated

3 January 2025

Energy · Taxation

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Summary

This bill amends the Internal Revenue Code to extend and modify tax credits for investments in certain energy property. The bill extends the tax credits to apply to investments in certain energy property with construction that begins before January 1, 2022. The extensions apply to investments in: qualified fuel cell property, qualified microturbine property, combined heat and power system property, qualified small wind energy property, and thermal energy property. The bill sets forth a schedule for reducing from 30% to 22% the credit rate for investments in qualified fuel cell property and small wind energy property.

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

Timeline

  1. 6 May 2016

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 6 May 2016

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 May 2016

    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

Sources

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