Energy Tax Fairness Act of 2016

Summary

Energy Tax Fairness Act of 2016 This bill amends the Internal Revenue Code to expand the tax credit for investment in energy property to include qualified high-efficiency linear generator property. A stationary linear generator power plant is an integrated system consisting of translators, cylinders, electricity generating equipment, and associated balance of plant components which converts a fuel or waste heat into electricity for stationary applications. Qualified high-efficiency linear generator property is a stationary linear generator power plant which has: (1) a nameplate capacity of less than 2,000 kilowatts, and (2) an electricity-only generation efficiency of greater than 30%. For high-efficiency linear generator property that is placed in service during the taxable year, the credit for the year may not exceed $1,500 for each 0.5 kilowatt of capacity of the property.

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Timeline

1. 19 May 2016

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 19 May 2016

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 May 2016

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 19 May 2016 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 19 May 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 19 May 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 19 May 2016

  Open at official source

Sponsors

• Steve Stivers · R · Sponsor
• Jackie Speier · D · Sponsor
• Elise Stefanik · R · Sponsor
• Anna Eshoo · D · Sponsor
• Rep. Gibson, Christopher P. [R-NY-19] · R · Sponsor
• Rep. Honda, Michael M. [D-CA-17] · D · Sponsor
• Tom Reed · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← Energy Tax Fairness Act of 2016