US HB6212 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on July 26 2012 - 25% progression, died in committee
Action: 2012-07-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Biogas Investment Tax Credit Act of 2012 - Amends the Internal Revenue Code to allow: (1) an energy tax credit through 2018 for investment in qualified biogas property, and (2) financing of qualified biogas property with new clean renewable energy bonds. Defines "qualified biogas property" as property comprising a system which uses anaerobic digesters or other processes to convert biomas into a gas which consists of not less than 52% methane and which captures such gas for use as a fuel. Directs the Secretary of the Treasury to enter into an agreement with the National Renewable Energy Laboratory to undertake a study of biogas and to submit a report to Congress on such study.

Tracking Information

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Title

Biogas Investment Tax Credit Act of 2012

Sponsors


History

DateChamberAction
2012-07-26HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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