3.0.0 5523 2022-10-28T01:46:14Z 2022-10-28T01:46:14Z House HR 2019-12-19 116 [Congressional Record Volume 165, Number 206 (Thursday, December 19, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. REED:H.R. 5523.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 H12291]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-12-19T14:04:30Z 2019-12-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-12-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-12-19 Introduced in House IntroReferral 1000 9 Library of Congress R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 N P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2019-12-19 True L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2019-12-19 True S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 2019-12-19 True G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2019-12-19 True S001183 Rep. Schweikert, David [R-AZ-6] David Schweikert R AZ 6 2019-12-19 True A000369 Rep. Amodei, Mark E. [R-NV-2] Mark Amodei R NV E. 2 2020-01-21 False M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2020-01-21 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2020-02-10 False S001196 Rep. Stefanik, Elise M. [R-NY-21] Elise Stefanik R NY M. 21 2020-03-04 False B001298 Rep. Bacon, Don [R-NE-2] Don Bacon R NE 2 2020-08-14 False Taxation Advanced technology and technological innovations Air quality Alternative and renewable resources Building construction Electric power generation and transmission Energy efficiency and conservation Energy storage, supplies, demand Income tax credits Performance measurement Transfer and inheritance taxes Water use and supply Taxation 00 2019-12-19 Introduced in House 2020-01-21T19:24:19Z Energy Sector Innovation Credit Act of 2019

This bill allows new tax credits for investment in emerging energy technology and for the production of electricity from such technology.

The bill also allows an energy tax credit for energy storage technologies, including equipment which 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.

]]> Energy Sector Innovation Credit Act of 2019 Display Title Energy Sector Innovation Credit Act of 2019 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 Title(s) as Introduced Energy Sector Innovation Credit Act of 2019 Introduced in House IH Introduced in House 2019-12-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr5523ih/xml/BILLS-116hr5523ih.xml 2019-12-19 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.