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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

1 October 1980 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Heftel, Cecil [D-HI-1], Rep. Fisher, Joesph L. [D-VA-10]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Official sourceView documentsShare

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.

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

Timeline

  1. 1 October 1980

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 1 October 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 1 October 1980

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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