S 1203 · 109th Congress · Taxation
Climate Change Technology Tax Incentives Act of 2005
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2005-06-08)
Plain Language Summary
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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