109 HR 3263 IH: Energy Efficiency Cornerstone Act of 2005 U.S. House of Representatives 2005-07-13 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.

I 109th CONGRESS 1st Session H. R. 3263 IN THE HOUSE OF REPRESENTATIVES July 13, 2005 Mr. Wamp (for himself, Mr. Hall, Mr. Udall of Colorado, Mr. Markey, Mr. Allen, Mr. Gonzalez, Mr. Gordon, Mr. Castle, Mr. Ehlers, Mr. Boehlert, and Mr. Gilchrest) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To reduce the growth of energy use in the United States, to limit the impact of growing energy use on the economy, environment, and national security of the United States through reductions in energy demand, and for other purposes.

1.

Short title; table of contents

(a)

Short title

This Act may be cited as the Energy Efficiency Cornerstone Act of 2005. (b)

Table of contents

The table of contents of this Act is as follows: Sec. 1. Short title; table of contents Sec. 2. Findings and purposes Sec. 3. Definition of Secretary Title I—Residential and commercial buildings Subtitle A—Appliance and Equipment Standards Sec. 101. Energy conservation standards for additional products Sec. 102. Energy conservation standards for commercial equipment Sec. 103. Energy labeling Sec. 104. Equipment standards and analysis program Subtitle B—Building Energy Codes Sec. 111. State building energy efficiency codes incentives Sec. 112. Energy code applicable to manufactured housing Sec. 113. Energy efficiency standards Subtitle C—Energy Star Sec. 121. Energy Star Program Subtitle D—Federal Buildings Sec. 131. Federal building performance standards Title II—Transportation Sec. 201. Alternative compliance with fleet rules Sec. 202. Standards for Executive agency automobiles Title III—Industry Sec. 301. Voluntary commitments to reduce industrial energy intensity Title IV—Electricity and natural gas utilities and suppliers Sec. 401. Energy efficient electric and natural gas utilities study Sec. 402. Energy efficiency pilot program Sec. 403. Energy efficiency resource programs Title V—Tax Incentives Sec. 500. Amendment of 1986 Code Subtitle A—Buildings and Equipment Incentives Sec. 501. Credit for construction of new energy efficient homes Sec. 502. Credit for energy efficiency improvements to existing homes Sec. 503. Energy efficient commercial buildings deduction Sec. 504. Credit for residential energy efficient property Sec. 505. Credit for energy efficient appliances Sec. 506. Incentive for certain energy efficient property used in business Sec. 507. Credit for business installation of qualified fuel cells Sec. 508. Credit for nonbusiness installation of qualified fuel cells [new addition not updated] Sec. 509. New nonrefundable personal credits allowed against regular and minimum taxes Sec. 510. Certain business energy credits allowed against regular and minimum taxes Subtitle B—Transportation Incentives Sec. 511. Alternative motor vehicle credit Subtitle C—Industry Incentives Sec. 521. Energy credit for combined heat and power system property

2.

Findings and purposes

(a)

Findings

Congress finds that— (1) (A)energy prices, especially the price of petroleum and natural gas, have soared over the last few years due to demand exceeding supply; and (B)as both supply and demand are relatively inflexible, even small reductions in United States demand for natural gas and oil can result in significant reductions in gas and oil prices; (2)energy consumption in the United States is projected by the Energy Information Administration to increase by 35,000,000,000,000,000 Btus over the next 2 decades, which is equivalent to twice the energy consumed by all the cars currently on the roads; (3) (A)by 2025, the Energy Information Administration projects that 80 percent of oil used in the United States will be imported; and (B)overall energy imports are expected to increase by 75 percent in the United States; (4)energy efficiency improvements since the 1970s have reduced current United States energy consumption by 40 percent, or 40,000,000,000,000,000 Btus, making energy efficiency the greatest energy resource of the United States; (5)the United States has not nearly tapped the energy efficiency resource of the United States in that energy consumption could be reduced by 20 to 50 percent through cost-effective improvements in the homes, buildings, cars, industry, and utilities of the United States; and (6)energy efficiency is generally the quickest, cheapest, and cleanest way— (A)to bring energy supply and demand in balance; and (B)to reduce the economic, environmental, and energy security impacts associated with energy use. (b)

Purposes

The purposes of this Act are— (1)to reduce the growth of energy use in the United States significantly, with cumulative energy savings through 2025 of 50,000,000,000,000,000 to 80,000,000,000,000,000 Btus; and (2)to limit the impacts of growing energy use on the economy, environment, and national security of the United States through reductions in energy demand.

3.

Definition of Secretary

In this Act, the term Secretary means the Secretary of Energy.