US HB2812 | 2011-2012 | 112th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on August 5 2011 - 25% progression, died in committee
Action: 2011-08-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Heat is Power Act - Amends the Internal Revenue Code to allow through 2017: (1) an energy tax credit for investment in wasted heat to electricity property; and (2) a tax credit for the production of electricity from renewable resources for wasted heat. Defines "wasted heat to electricity property" as property comprising a system which generates electricity through the recovery of a qualified wasted heat resource (e.g., exhaust heat or flared gas from any industrial process or waste gas or industrial tail gas, but not a heat resource from a process whose primary purpose is the generation of electricity using a fossil fuel).

Tracking Information

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Title

Heat is Power Act

Sponsors


History

DateChamberAction
2011-08-05HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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