3.0.0
4720
2022-12-31T05:05:01Z
2022-12-31T05:05:01Z
House
HR
2021-07-27
117
[Congressional Record Volume 167, Number 131 (Tuesday, July 27, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. REED:H.R. 4720.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 H4090]
- hswm00
Ways and Means Committee
House
Standing
  - Referred to
2021-07-27T14:00:50Z

- Energy Sector Innovation Credit Act of 2021
117
2475
S
2021-07-27
Read twice and referred to the Committee on Finance.
  - Related bill
CRS
- 2022-07-28
16:52:42
ASSUMING FIRST SPONSORSHIP - Mr. Schweikert asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4720, a bill originally introduced by Representative Reed, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Floor
H8D000
2
House floor actions
- 2021-07-27
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2021-07-27
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2021-07-27
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
2021-07-27
True
- L000585
Rep. LaHood, Darin [R-IL-18]
Darin
LaHood
R
IL
18
2021-07-27
True
- S001201
Rep. Suozzi, Thomas R. [D-NY-3]
Thomas
Suozzi
D
NY
R.
3
2021-07-27
True
- S001183
Rep. Schweikert, David [R-AZ-6]
David
Schweikert
R
AZ
6
2021-07-27
True
- G000583
Rep. Gottheimer, Josh [D-NJ-5]
Josh
Gottheimer
D
NJ
5
2021-07-27
True
- B001248
Rep. Burgess, Michael C. [R-TX-26]
Michael
Burgess
R
TX
C.
26
2021-07-28
False
- M001205
Rep. Miller, Carol D. [R-WV-3]
Carol
Miller
R
WV
D.
3
2021-11-01
False
- T000480
Rep. Timmons, William R. IV [R-SC-4]
William
Timmons
R
SC
R.
4
2021-12-01
False
- S001196
Rep. Stefanik, Elise M. [R-NY-21]
Elise
Stefanik
R
NY
M.
21
2022-04-11
False
- D000032
Rep. Donalds, Byron [R-FL-19]
Byron
Donalds
R
FL
19
2022-08-19
False
Taxation
- Administrative law and regulatory procedures
- Advanced technology and technological innovations
- Air quality
- Alternative and renewable resources
- Building construction
- Business expenses
- Climate change and greenhouse gases
- Congressional oversight
- Electric power generation and transmission
- Energy efficiency and conservation
- Energy prices
- Energy research
- Energy storage, supplies, demand
- Environmental technology
- Government information and archives
- Income tax credits
- Industrial facilities
- Nuclear power
- Product development and innovation
- Research and development
- Retail and wholesale trades
- State and local government operations
- Tax-exempt organizations
- Water use and supply
Taxation
00
2021-07-27
Introduced in House
2021-09-01T13:31:05Z
Energy Sector Innovation Credit Act of 2021
This bill adds new tax credits for investment in qualified emerging technology energy property and for the production of electricity from emerging energy technology. The bill defines qualified emerging energy property as property that is constructed, reconstructed, erected, or acquired by the taxpayer and is (1) a facility for the production of electricity from emerging energy technology, (2) carbon capture equipment, or (3) energy storage technology.
The bill also adds a new tax credit for the production of electricity from clean hydrogen. The bill defines clean hydrogen as hydrogen that is produced through a production method for which the rate of the greenhouse gas emission is greater than zero and not greater that 2,500g CO2-e per kilogram of hydrogen produced, or is equal to or less than zero.

Energy Sector Innovation Credit Act of 2021
- 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
- Display Title

Energy Sector Innovation Credit Act of 2021
- Short Title(s) as Introduced

Energy Sector Innovation Credit Act of 2021
Introduced in House
IH
- Introduced in House
2021-07-27T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-117hr4720ih/xml/BILLS-117hr4720ih.xml
2022-07-28
ASSUMING FIRST SPONSORSHIP - Mr. Schweikert asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4720, a bill originally introduced by Representative Reed, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
16:52:42
text/xml
EN
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