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United States · Bill · HR

H.R. 8257 (96th)

A bill to amend the Internal Revenue Code of 1954 to increase the tax incentives for cogeneration equipment.

referredUnited States· United States Congress· EN

Introduced

1 October 1980

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

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Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to increase the energy percentage of the investment tax credit for cogeneration equipment to 20 percent (currently ten percent ) for the period beginning on January 1, 1981 and ending on December 31, 1990. Includes shaft power as a form of cogeneration energy. Exempts specified systems at cogeneration facilities from the limitation on the use of oil or natural gas by cogeneration equipment.

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Documents

1 official file

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