US HB4826 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 26 2012 - 25% progression, died in committee
Action: 2012-04-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 26 2012 - 25% progression, died in committee
Action: 2012-04-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Supercritical Advanced Coal Project Incentive Act of 2012 - Amends the Internal Revenue Code to expand the tax credit for investment in qualifying advanced coal projects to include a credit for supercritical advanced coal-based generation technology projects. Defines such projects as including a coal-fired boiler that reaches an electricity generating efficiency of at least 36%, and operates at a minimum pressure of 3,200 pounds per square inch. Increases from $2.55 billion to $3.8 billion the aggregate amount of credits allowable for qualifying advanced coal projects, and includes within that aggregate amount a maximum $1.25 billion credit amount for supercritical advanced coal-based generation technology projects.
Title
Supercritical Advanced Coal Project Incentive Act of 2012
Sponsors
Rep. Geoff Davis [R-KY] | Rep. Jerry Costello [D-IL] |
History
Date | Chamber | Action |
---|---|---|
2012-04-26 | House | Referred to the House Committee on Ways and Means. |
Subjects
Advanced technology and technological innovations
Air quality
Business investment and capital
Climate change and greenhouse gases
Coal
Electric power generation and transmission
Energy efficiency and conservation
Environmental technology
Income tax credits
Taxation
Air quality
Business investment and capital
Climate change and greenhouse gases
Coal
Electric power generation and transmission
Energy efficiency and conservation
Environmental technology
Income tax credits
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/4826/all-info |
Text | https://www.congress.gov/112/bills/hr4826/BILLS-112hr4826ih.pdf |