3.0.0 4649 2023-01-11T13:39:15Z 2023-01-11T13:39:15Z House HR 2017-12-14 115 [Congressional Record Volume 163, Number 204 (Thursday, December 14, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MICHAEL F. DOYLE of Pennsylvania:H.R. 4649.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1--The Congress shall havepower to lay and collect taxes, duties, imposts and excises,to pay the debts 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 H9940]]]> hswm00 Ways and Means Committee House Standing Referred to 2017-12-14T14:01:05Z Energy Storage Tax Incentive and Deployment Act of 2017 115 1868 S 2017-09-26 Read twice and referred to the Committee on Finance. Identical bill CRS 2017-12-14 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-12-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-12-14 Introduced in House IntroReferral 1000 9 Library of Congress D000482 Rep. Doyle, Michael F. [D-PA-14] MIKE DOYLE D PA 14 N C001106 Rep. Costello, Ryan A. [R-PA-6] Ryan Costello R PA A. 6 2017-12-14 True T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2017-12-14 True W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2018-02-07 False H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2018-02-07 False T000469 Rep. Tonko, Paul [D-NY-20] Paul Tonko D NY 20 2018-03-19 False V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2018-06-14 False L000560 Rep. Larsen, Rick [D-WA-2] RICK LARSEN D WA 2 2018-07-11 False P000608 Rep. Peters, Scott H. [D-CA-52] Scott Peters D CA H. 52 2018-07-26 False Taxation Alternative and renewable resources Business investment and capital Energy efficiency and conservation Energy storage, supplies, demand Income tax credits Residential rehabilitation and home repair Taxation 00 2017-12-14 Introduced in House 2017-12-20T12:02:45Z Energy Storage Tax Incentive and Deployment Act of 2017

This bill amends the Internal Revenue Code to allow tax credits for: (1) energy storage technologies, and (2) battery storage technology.

The bill expands the tax credit for investments in energy property to include equipment that: (1) receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies identified by the Internal Revenue Service; and (2) has a capacity of at least five kilowatt hours.

The bill also expands the tax credit for residential energy efficient property to include expenditures for battery storage technology that: (1) is installed on or in connection with a dwelling unit located in the United States and used as a residence by the taxpayer, and (2) has a capacity of at least three kilowatt hours.

]]> Energy Storage Tax Incentive and Deployment Act of 2017 Display Title Energy Storage Tax Incentive and Deployment Act of 2017 Short Titles as Introduced Energy Storage Tax Incentive and Deployment Act of 2017 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide tax credits for energy storage technologies, and for other purposes. Introduced in House 2017-12-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4649ih/xml/BILLS-115hr4649ih.xml 2017-12-14 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.