US HB546 | 2009-2010 | 111th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 14 2009 - 25% progression, died in committee
Action: 2009-01-14 - Referred to House Oversight and Government Reform
Pending: House Oversight And Government Reform Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Solar Stimulus for Job Creation and Energy Independence Act of 2009 - Amends the Internal Revenue Code to: (1) provide for the refundability of the residential energy efficiency tax credit for solar electric and water heating property, and for business-related solar energy tax credits, through 2010; (2) allow an election to take an increased depreciation allowance for solar energy property until 2011; (3) exempt solar energy property from private activity bond usage and loan financing rules; and (4) allow a refundable energy tax credit for investment in property used to manufacture solar energy property. Amends the Energy Policy Act of 2005 to limit to 25 years the contract period for federal purchases of renewable energy.

Tracking Information

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Title

Solar Stimulus for Job Creation and Energy Independence Act of 2009

Sponsors


History

DateChamberAction
2009-01-14 Referred to House Oversight and Government Reform
2009-01-14 Referred to House Ways and Means
2009-01-14 Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, 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.

Same As/Similar To

SB284 (Related) 2009-01-21 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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