3.0.0 7196 2023-01-11T13:41:00Z 2023-01-11T13:41:00Z House HR 2018-11-29 115 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. REED:H.R. 7196.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18: The Congress shall havePower to make all Laws which shall be necessary and properfor carrying into Execution the foregoing Powers, and allother Powers vested by this Constitution in the Government ofthe United States, or in any Department or Officer thereof.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 Defence andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States.Article I, Section 8, Clause 3: The Congress shall havePower to regulate Commerce with foreign Nations, and amongthe several States, and with the Indian Tribes.[Page H9743]]]> hswm00 Ways and Means Committee House Standing Referred to 2018-11-29T15:00:27Z 2018-11-29 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-11-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-11-29 Introduced in House IntroReferral 1000 9 Library of Congress R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 N L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2018-11-29 True P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 2018-11-29 True Taxation Advanced technology and technological innovations Air quality Alternative and renewable resources Electric power generation and transmission Energy efficiency and conservation Income tax credits Transfer and inheritance taxes Water use and supply Taxation 00 2018-11-29 Introduced in House 2019-05-21T18:47:52Z Energy Sector Innovation Credit Act of 2018

This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities.

]]> Energy Sector Innovation Credit Act of 2018 Display Title Energy Sector Innovation Credit Act of 2018 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide investment and production tax credits for emerging energy technologies, and for other purposes. Introduced in House IH Short Titles as Introduced Energy Sector Innovation Credit Act of 2018 Introduced in House 2018-11-29T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr7196ih/xml/BILLS-115hr7196ih.xml 2018-11-29 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.