US Congress House Bill 8530 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on October 6 2020 - 25% progression, died in committee
Action: 2020-10-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Designates energy opportunity zones for areas that are within 120 miles of a nuclear or coal power plant used to generate electricity that has ceased operations or is scheduled to cease operations within 6 years, or areas that can demonstrate how changes in the nuclear or coal economy have resulted or may result in job losses. The bill modifies or extends the new energy efficient home tax credit, the nonbusiness energy property tax credit, the investment tax credit, and the tax credit for production of electricity, and establishes a new tax credit for offshore wind and energy storage. The bill also extends through 2050 the tax deduction for energy efficient commercial buildings.

Energy Opportunity Zones Act of 2020

Rep. Salud Carbajal [D-CA]

Rep. Alan Lowenthal [D-CA]

Date	Chamber	Action
2020-10-06	House	Referred to the House Committee on Ways and Means.
2020-10-06	House	Introduced in House

HB4506 (Related) 2019-09-26 - Referred to the House Committee on Ways and Means.
HB4646 (Related) 2019-10-11 - Referred to the House Committee on Ways and Means.
SB2588 (Related) 2019-09-26 - Read twice and referred to the Committee on Finance.
SB2595 (Related) 2019-10-15 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/8530/all-info
Text	https://www.congress.gov/116/bills/hr8530/BILLS-116hr8530ih.pdf