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United States · Bill · HR

H.R. 5350 (114th)

Energy Storage Act of 2016

referredUnited States· United States Congress· EN

Introduced

26 May 2016

Last action

26 May 2016 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Honda, Michael M. [D-CA-15], Rep. Reed, Tom [R-NY-23], Rep. Gibson, Christopher P. [R-NY-19], Rep. Takano, Mark [D-CA-39], Rep. Takai, Mark [D-HI-1], Rep. Grijalva, Raúl M. [D-AZ-7]

Subjects

Energy, Taxation

Source updated

12 August 2025

Energy · Taxation

Summary

Energy Storage for Grid Resilience and Modernization Act of 2016 or the Energy Storage Act of 2016 This bill amends the Internal Revenue Code to: (1) allow, through 2026, a 30% energy tax credit for investment in energy storage property capable of absorbing energy, storing the energy for a period of time, and dispatching the energy for specified purposes; (2) make energy storage property owned by a public power provider, a governmental body, or a cooperative electric company eligible for new clean renewable energy bond financing; and (3) allow, through 2026, a 30% nonbusiness energy property tax credit for residential energy storage equipment expenditures for a taxpayer's principal residence.

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

Timeline

  1. 26 May 2016

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 26 May 2016

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 May 2016

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 26 May 2016

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 26 May 2016

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 26 May 2016

    Open at official source

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Sponsors

Related records

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Sources

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