3.0.0 2406 2023-01-11T13:48:52Z 2023-01-11T13:48:52Z House HR 2021-04-08 117 [Congressional Record Volume 167, Number 61 (Thursday, April 8, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HORSFORD:H.R. 2406.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the Constitution of theUnited States.[Page H1720]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-04-08T19:08:35Z Electric Power Infrastructure Improvement Act 117 1016 S 2021-03-25 Read twice and referred to the Committee on Finance. Identical bill CRS 2021-04-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-04-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-04-08 Introduced in House IntroReferral 1000 9 Library of Congress H001066 Rep. Horsford, Steven [D-NV-4] Steven Horsford D NV 4 N L000590 Rep. Lee, Susie [D-NV-3] Susie Lee D NV 3 2021-04-08 True B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2021-05-07 False L000273 Rep. Leger Fernandez, Teresa [D-NM-3] Teresa Leger Fernandez D NM 3 2021-06-30 False R000305 Rep. Ross, Deborah K. [D-NC-2] Deborah Ross D NC K. 2 2021-07-09 False Taxation Business expenses Electric power generation and transmission Income tax credits Taxation 00 2021-04-08 Introduced in House 2021-06-11T18:03:26Z Electric Power Infrastructure Improvement Act

This bill allows a tax credit through 2031 for investment in a qualifying electric power transmission line property. The bill defines qualifying electric power transmission line property as (1) any overhead, submarine, or underground transmission facility that is capable of transmitting electricity at a voltage of not less than 275 kilovolts, has a transmission capacity of not less than 500 megawatts, is an alternating current or direct current transmission line, and delivers power produced in either a rural area or offshore; and (2) conductors or cables, or other specified equipment, necessary for the proper operation of the facility.

]]> Electric Power Infrastructure Improvement Act Display Title Electric Power Infrastructure Improvement Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines. Introduced in House IH Short Title(s) as Introduced Electric Power Infrastructure Improvement Act Introduced in House IH Introduced in House 2021-04-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2406ih/xml/BILLS-117hr2406ih.xml 2021-04-08 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.