3.0.0 5154 2022-10-28T02:00:28Z 2022-10-28T02:00:28Z House HR 2019-11-19 116 [Congressional Record Volume 165, Number 185 (Tuesday, November 19, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HORSFORD:H.R. 5154.Congress has the power to enact this legislation pursuantto the following:The Congress enacts this bill pursuant to Sections 7 & 8 ofArticle I of the United States Constitution and Amendment XVIof the United States Constitution.[Page H9057]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-11-19T15:00:42Z 2019-11-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-11-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-11-19 Introduced in House IntroReferral 1000 9 Library of Congress H001066 Rep. Horsford, Steven [D-NV-4] Steven Horsford D NV 4 N H001038 Rep. Higgins, Brian [D-NY-26] Brian Higgins D NY 26 2019-11-19 True S001156 Rep. Sánchez, Linda T. [D-CA-38] Linda Sánchez D CA T. 38 2019-11-19 True S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 2019-11-19 True B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2019-11-19 True P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2019-11-19 True D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 2019-11-19 True B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2019-11-19 True M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2019-11-19 True Taxation Alternative and renewable resources Business investment and capital Electric power generation and transmission Income tax credits Taxation 00 2019-11-19 Introduced in House 2019-12-13T13:29:50Z Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019

This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.

]]> GEO Act of 2019 Display Title GEO Act of 2019 Official Title as Introduced To amend the Internal Revenue Code of 1986 to include geothermal energy in the 30 percent energy credit. Introduced in House IH Short Title(s) as Introduced GEO Act of 2019 Introduced in House IH Short Title(s) as Introduced Geothermal Energy Opportunity Act of 2019 Introduced in House IH Introduced in House 2019-11-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr5154ih/xml/BILLS-116hr5154ih.xml 2019-11-19 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.