3.0.0 5289 2023-01-11T13:33:00Z 2023-01-11T13:33:00Z House HR 2016-05-19 114 [Congressional Record Volume 162, Number 80 (Thursday, May 19, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. STIVERS:H.R. 5289.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1--The Congress shall have thePower to lay and collect Taxes, Duties, Imposts and Excises,to pay the Debt and provide for the common Defense andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States.[Page H2880]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-05-19T13:00:40Z Energy Tax Fairness Act of 2016 114 3139 S 2016-07-07 Read twice and referred to the Committee on Finance. Related bill CRS 2016-05-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-05-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-05-19 Introduced in House IntroReferral 1000 9 Library of Congress S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 N S001175 Rep. Speier, Jackie [D-CA-14] Jackie Speier D CA 14 2016-05-19 True S001196 Rep. Stefanik, Elise M. [R-NY-21] Elise Stefanik R NY M. 21 2016-05-19 True E000215 Rep. Eshoo, Anna G. [D-CA-18] ANNA ESHOO D CA G. 18 2016-05-19 True G000564 Rep. Gibson, Christopher P. [R-NY-19] Christopher Gibson R NY P. 19 2016-05-19 True H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 2016-05-19 True R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 2016-05-19 True Taxation Business investment and capital Electric power generation and transmission Energy efficiency and conservation Income tax credits Taxation 00 2016-05-19 Introduced in House 2016-07-15T13:46:31Z Energy Tax Fairness Act of 2016

This bill amends the Internal Revenue Code to expand the tax credit for investment in energy property to include qualified high-efficiency linear generator property.

A stationary linear generator power plant is an integrated system consisting of translators, cylinders, electricity generating equipment, and associated balance of plant components which converts a fuel or waste heat into electricity for stationary applications. Qualified high-efficiency linear generator property is a stationary linear generator power plant which has: (1) a nameplate capacity of less than 2,000 kilowatts, and (2) an electricity-only generation efficiency of greater than 30%.

For high-efficiency linear generator property that is placed in service during the taxable year, the credit for the year may not exceed $1,500 for each 0.5 kilowatt of capacity of the property.

]]> Energy Tax Fairness Act of 2016 Display Title Energy Tax Fairness Act of 2016 Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow the energy credit for certain high-efficiency linear generator property. Introduced in House IH Short Titles as Introduced Energy Tax Fairness Act of 2016 Introduced in House 2016-05-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5289ih/xml/BILLS-114hr5289ih.xml 2016-05-19 Referred to the House Committee on Ways and Means. 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.