3.0.0 5441 2023-01-11T13:39:54Z 2023-01-11T13:39:54Z House HR 2018-04-09 115 [Congressional Record Volume 164, Number 56 (Monday, April 9, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CARBAJAL:H.R. 5441.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 H3064]]]> hswm00 Ways and Means Committee House Standing Referred to 2018-04-09T15:00:27Z 2018-04-09 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-04-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-04-09 Introduced in House IntroReferral 1000 9 Library of Congress C001112 Rep. Carbajal, Salud O. [D-CA-24] Salud Carbajal D CA O. 24 N Taxation Alternative and renewable resources Business investment and capital Economic development Electric power generation and transmission Income tax credits Nuclear power Taxation 00 2018-04-09 Introduced in House 2019-01-22T17:59:31Z Energy Opportunity Zones Act of 2018

This bill amends the Internal Revenue Code to extend several tax credits related to renewable energy for facilities and energy property located in or placed in service within an energy opportunity zone. An "energy opportunity zone" is a municipality or county that has within its boundaries a nuclear power plant that ceased operation during the 10-year period beginning on January 1, 2018.

The bill also expands the tax credit for investments in energy property to include (1) certain offshore wind property that is located within 50 miles from the boundary of an energy opportunity zone; and (2) other specified equipment that receives, stores, and delivers energy and has a capacity of at least 5 megawatt hours.

]]> Energy Opportunity Zones Act of 2018 Display Title Energy Opportunity Zones Act of 2018 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide for energy opportunity zones. Introduced in House IH Short Titles as Introduced Energy Opportunity Zones Act of 2018 Introduced in House 2018-04-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr5441ih/xml/BILLS-115hr5441ih.xml 2018-04-09 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.