HR 2392 · 107th Congress · Taxation
Clean Energy Incentives Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2001-06-28)
Plain Language Summary
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Clean Energy Incentives Act - Amends the Internal Revenue Code, with respect to renewable and alternative energy, alternative fuels and energy efficient vehicles, energy efficiency and conservation, and energy generation and management. Provides for: (1) a five year extension for the renewable resource credit for qualified facilities; (2) alternative resources (solar, biomass, incremental hydropower and geothermal, and geothermal energy) to qualify for the renewable resource credit; (3) a tradable resource credit for public utilities and other tax exempt organizations; (4) an extension of the deduction for certain refueling property; and (5) an energy efficient commercial building deduction. Provides tax credits for the following: (1) an alternative motor vehicle; (2) the retail sale of alternative fuels (compressed natural gas, liquefied natural gas, liquefied petroleum gas, hydrogen, and fuel which is at least 85 percent methanol) as motor vehicle fuel; (3) the installation of alternative (clean) fueling stations; (4) property to convert waste to fuel; (5) construction of new highly energy efficient homes; (6) energy efficient appliances; (7) adjustable speed drives; (8) energy e…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
7 Democrats3 Republicans