3.0.0 1093 2023-01-13T04:48:06Z 2023-01-13T04:48:06Z Senate S S 2005-05-20 109 ssfi00 Finance Committee Senate Standing Referred to 2005-05-20T16:51:05Z 2005-05-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2005-05-20 Introduced in Senate IntroReferral 10000 9 Library of Congress S001163 Sen. Salazar, Ken [D-CO] Ken Salazar D CO N Energy Alternative energy sources Appropriations Authorization Biomass energy Commerce Condominium (Housing) Congress Congressional oversight Congressional reporting requirements Cooperative housing Department of Energy Economics and Public Finance Electric power production Electric utilities Energy efficiency Environmental Protection Geothermal resources Government Operations and Politics Grants-in-aid Housing and Community Development Hydroelectric power Income tax Landfills Methane Minorities Native Americans Natural gas Public Lands and Natural Resources Public utilities Reprogramming of appropriated funds Solar energy Subsidies Sunset legislation Tax credits Taxation Territories (U.S.) Water Resources Development Wind power Energy 00 2005-05-20 Introduced in Senate 2005-06-14T20:30:01Z Research and Development Investment Act - Amends the Energy Policy Act of 1992 to: (1) direct the Secretary of Energy, if there are insufficient appropriations in any given year, to assign 60 percent of appropriated funds under the renewable energy production incentive program to facilities that use solar, wind, geothermal, or closed-loop biomass to generate electricity; (2) redefine "qualified renewable energy facility"; (3) extend the eligibility period for payments under the program through FY2015; (4) include landfill gas as a renewable energy resource; and (5) extend the termination date and program funding through FY2025.

Amends the Internal Revenue Code to: (1) extend the tax credit for production of electricity from certain renewable resources until 2011; (2) include incremental geothermal and hydropower facilities as qualified energy resources for purposes of such credit; (3) allow a tax credit for 10 percent of residential solar and geothermal energy property expenditures; and (4) delay the phaseout of the tax deduction for clean-fuel vehicles and the tax credit for qualified electric vehicles until 2006.

]]> Research and Development Investment Act Display Title Research and Development Investment Act Official Title as Introduced A bill to reauthorize and revise the Renewable Energy Production Incentive program, and for other purposes. Introduced in Senate IS Short Titles as Introduced Research and Development Investment Act Introduced in Senate 2005-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s1093is/xml/BILLS-109s1093is.xml 2005-05-20 Read twice and referred to the Committee on Finance. 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.