HR 1706 · 101th Congress · Energy
Cofiring Promotion Act of 1989
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Energy Research and Development.(1989-04-11)
Plain Language Summary
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Cofiring Promotion Act of 1989 - Directs the Secretary of Energy to: (1) establish and implement a research and demonstration program for cofiring natural gas with coal in utility and large industrial boilers; and (2) enter into cooperative agreements with appropriate parties for demonstrating cofiring technology. Authorizes appropriations. Amends the Internal Revenue Code to: (1) include cofiring activities within the scope of the research and development income tax credit; (2) apply the accelerated cost recovery system to cofiring equipment; and (3) exclude depreciation associated with cofiring equipment from taxable income under the alternative minimum tax.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
2 Democrats2 Republicans