3.0.0 2283 2022-11-01T13:50:23Z 2022-11-01T13:50:23Z Senate S 2019-07-25 116 ssfi00 Finance Committee Senate Standing Referred to 2019-07-25T17:59:30Z 2019-07-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-07-25 Introduced in Senate IntroReferral 10000 9 Library of Congress C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. N C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2019-07-25 True Taxation Business investment and capital Energy efficiency and conservation Income tax credits Industrial facilities Manufacturing Taxation 00 2019-07-25 Introduced in Senate 2019-09-19T14:49:21Z Waste Heat to Power Investment Tax Credit Act

This bill amends the Internal Revenue Code to allow an energy tax credit for investment in waste heat to power property.

The bill defines "waste heat to power property" as property (1) comprising a system which generates electricity through the recovery of a qualified waste heat resource, and (2) the construction of which begins before January 1, 2027. "Qualified waste heat resource" is defined as (1) exhaust heat or flared gas from an industrial process that does not have as its primary purpose the production of electricity, and (2) a pressure drop in any gas for an industrial or commercial process.

]]> Waste Heat to Power Investment Tax Credit Act Display Title Waste Heat to Power Investment Tax Credit Act Short Title(s) as Introduced Waste Heat to Power Investment Tax Credit Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide an investment tax credit for waste heat to power technology. Introduced in Senate IS Introduced in Senate 2019-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2283is/xml/BILLS-116s2283is.xml 2019-07-25 Read twice and referred to the Committee on Finance. 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.