3.0.0 944 2023-01-15T23:33:07Z 2023-01-15T23:33:07Z Senate S S 2003-04-29 108 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2003-04-29T20:49:46Z 2003-04-29 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5491-5492) IntroReferral 2003-04-29 Sponsor introductory remarks on measure. (CR S5491) IntroReferral B00100 9 Library of Congress 2003-04-29 Introduced in Senate IntroReferral 10000 9 Library of Congress J000072 Sen. Jeffords, James M. [I-VT] JAMES JEFFORDS I VT MERRILL N D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2003-04-29 True R000146 Sen. Reid, Harry [D-NV] HARRY REID D NV M. 2003-04-29 True K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2003-04-29 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2003-05-14 False C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R 2004-07-06 False Energy Agricultural wastes Agriculture and Food Alternative energy sources Auditing Biomass energy Cellulose Commerce Consumer education Economics and Public Finance Electric power production Electric utilities Electric utility rates Energy crops Energy research Environmental Protection Farm manure Federally-guaranteed loans Finance and Financial Sector Geothermal resources Government Operations and Politics Government paperwork Grain Grants-in-aid Heating Hydroelectric power Hydrogen Indexing (Economic policy) Landfills Legumes Lumber trade Methane Municipal solid waste Ocean energy resources Plants Public Lands and Natural Resources Rebates Refuse as fuel Right-of-way Science, Technology, Communications Solar energy Sugar Technological innovations Transportation and Public Works Trees Wind power Wood Energy 00 2003-04-29 Introduced in Senate 2003-09-23T21:27:27Z Renewable Energy Investment Act of 2003 - Requires each retail electric supplier to submit annually to the Secretary of Energy renewable energy credits according to a prescribed annual percentage of the supplier's total amount of kilowatt-hours of nonhydropower electricity sold to consumers during the previous calendar year.

Requires each retail electric supplier during a calendar year to generate a specified percentage of nonhydropower electricty by renewable energy sources, escalating from five percent during calendar 2006 through 2009 by five percent increments during subsequent five-year periods up to twenty percent in calendar 2020 and beyond.

Directs the Secretary to establish a program to issue, monitor the sale or exchange of, and track renewable energy credits.

Authorizes any entity that is issued or has acquired a renewable energy credit to sell or exchange it. Requires the Secretary to sell credits at prices determined by a certain formula.

Subjects to a civil penalty a retail electric supplier who does not submit the requisite renewable energy credits.

Authorizes the Secretary to distribute receipts from sales to the States in order to promote State renewable energy production and use.

]]> Renewable Energy Investment Act of 2003 Display Title Renewable Energy Investment Act of 2003 Official Title as Introduced A bill to enhance national security, environmental quality, and economic stability by increasing the production of clean, domestically produced renewable energy as a fuel source for the national electric system. Introduced in Senate IS Short Titles as Introduced Renewable Energy Investment Act of 2003 Introduced in Senate 2003-04-29T04:00:00Z 2003-04-29 Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5491-5492) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.