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    <updateDate>2023-01-11T13:19:00Z</updateDate>
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    <type>S</type>
    <introducedDate>2009-05-20</introducedDate>
    <congress>111</congress>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred to</name>
            <date>2009-05-20T18:28:42Z</date>
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        <title>STORAGE 2010 Act</title>
        <congress>111</congress>
        <number>3617</number>
        <type>S</type>
        <latestAction>
          <actionDate>2010-07-20</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
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            <type>Related bill</type>
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        <title>Storage Technology of Renewable and Green Energy Act of 2009</title>
        <congress>111</congress>
        <number>4210</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2009-12-03</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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      <item>
        <actionDate>2009-05-20</actionDate>
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            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
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        <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)</text>
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        <actionDate>2009-05-20</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S5704-5706)</text>
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        <actionDate>2009-05-20</actionDate>
        <text>Introduced in Senate</text>
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        <bioguideId>W000779</bioguideId>
        <fullName>Sen. Wyden, Ron [D-OR]</fullName>
        <firstName>Ron</firstName>
        <lastName>Wyden</lastName>
        <party>D</party>
        <state>OR</state>
        <isByRequest>N</isByRequest>
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        <bioguideId>M000639</bioguideId>
        <fullName>Sen. Menendez, Robert [D-NJ]</fullName>
        <firstName>Robert</firstName>
        <lastName>Menendez</lastName>
        <party>D</party>
        <state>NJ</state>
        <sponsorshipDate>2009-06-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>C001035</bioguideId>
        <fullName>Sen. Collins, Susan M. [R-ME]</fullName>
        <firstName>Susan</firstName>
        <lastName>Collins</lastName>
        <party>R</party>
        <state>ME</state>
        <middleName>M.</middleName>
        <sponsorshipDate>2009-06-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>K000148</bioguideId>
        <fullName>Sen. Kerry, John F. [D-MA]</fullName>
        <firstName>JOHN</firstName>
        <lastName>KERRY</lastName>
        <party>D</party>
        <state>MA</state>
        <middleName>FORBES</middleName>
        <sponsorshipDate>2009-07-06</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001181</bioguideId>
        <fullName>Sen. Shaheen, Jeanne [D-NH]</fullName>
        <firstName>Jeanne</firstName>
        <lastName>Shaheen</lastName>
        <party>D</party>
        <state>NH</state>
        <sponsorshipDate>2009-07-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000432</bioguideId>
        <fullName>Sen. Dorgan, Byron L. [D-ND]</fullName>
        <firstName>BYRON</firstName>
        <lastName>DORGAN</lastName>
        <party>D</party>
        <state>ND</state>
        <middleName>LESLIE</middleName>
        <sponsorshipDate>2009-08-06</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001153</bioguideId>
        <fullName>Sen. Murkowski, Lisa [R-AK]</fullName>
        <firstName>Lisa</firstName>
        <lastName>Murkowski</lastName>
        <party>R</party>
        <state>AK</state>
        <sponsorshipDate>2010-06-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Alternative and renewable resources</name>
        </item>
        <item>
          <name>Electric power generation and transmission</name>
        </item>
        <item>
          <name>Energy storage, supplies, demand</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
        <item>
          <name>Residential rehabilitation and home repair</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2009-05-20</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2009-06-25T22:24:27Z</updateDate>
        <text><![CDATA[ <p>Storage Technology of Renewable and Green Energy Act of 2009 or the STORAGE Act of 2009 - Amends the Internal Revenue Code to: (1) allow a 20% energy tax credit for investment in energy storage property directly connected to the electrical grid (i.e., state systems of generators, transmission lines, and distribution facilities) and designed to receive, store, and convert energy to electricity and deliver such electricity for sale; (2) make such property eligible for new clean renewable energy bond financing; (3) allow a 30% energy tax credit for investment in energy storage property used at the site of energy storage; and (4) allow a 30% nonbusiness energy property tax credit for the installation of energy storage equipment in a principal residence.</p>]]></text>
      </summary>
    </summaries>
    <title>STORAGE Act of 2009</title>
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      <item>
        <titleType>Display Title</titleType>
        <title>STORAGE Act of 2009</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to provide for an energy investment credit for energy storage property connected to the grid, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>STORAGE Act of 2009</title>
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      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Storage Technology of Renewable and Green Energy Act of 2009</title>
      </item>
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        <type>Introduced in Senate</type>
        <date>2009-05-20T04:00:00Z</date>
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    <latestAction>
      <actionDate>2009-05-20</actionDate>
      <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5706-5707)</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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