S 1153 · 109th Congress · Taxation

Coal-based Generation Improvement Act

Introduced 2005-05-26· Sponsored by Sen. Bunning, Jim [R-KY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2005-05-26)

Plain Language Summary

[AI summary unavailable — showing source text] Coal-based Generation Improvement Act - Directs the Secretary of Energy to provide certain financial incentives for the deployment of advanced coal-based generation technologies. Allows sponsors of projects using advanced coal-based generation technology to elect certain tax benefits, including an investment tax credit and accelerated depreciation. Amends the Internal Revenue Code to allow a tax credit for investment in clean energy bonds. Directs the Secretary to designate a federal project coordinator to facilitate federal agency approvals of eligible advanced coal generation projects.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

3 Republicans