S 1203 · 109th Congress · Taxation

Climate Change Technology Tax Incentives Act of 2005

Introduced 2005-06-08· Sponsored by Sen. Hagel, Chuck [R-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2005-06-08)

Plain Language Summary

[AI summary unavailable — showing source text] Climate Change Technology Tax Incentives Act of 2005 - Amends the Internal Revenue Code to allow tax credits for: (1) investment in a greenhouse gas intensity reduction project; (2) production from advanced nuclear power facilities; and (3) investment in nuclear power facilities. Authorizes the issuance of tax-exempt facility bonds for nuclear power facilities. Expresses the sense of the Senate that: (1) the tax credit for electricity produced from certain renewable resources should be extended through 2010; and (2) the tax credit for increasing research activities should be increased and made permanent. Terminates the tax credits proposed by this Act after 2010.…

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

Cosponsors (6)

1 Democrat5 Republicans