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United States · Bill · S

S. 2283 (116th)

Waste Heat to Power Investment Tax Credit Act

referredUnited States· United States Congress· EN

Introduced

25 July 2019

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Waste Heat to Power Investment Tax Credit Act This bill amends the Internal Revenue Code to allow an energy tax credit for investment in waste heat to power property. The bill defines "waste heat to power property" as property (1) comprising a system which generates electricity through the recovery of a qualified waste heat resource, and (2) the construction of which begins before January 1, 2027. "Qualified waste heat resource" is defined as (1) exhaust heat or flared gas from an industrial process that does not have as its primary purpose the production of electricity, and (2) a pressure drop in any gas for an industrial or commercial process.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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