S 3714 · 111th Congress · Taxation

Coal Energy Bridge Act of 2010

Introduced 2010-08-05· Sponsored by Sen. Conrad, Kent [D-ND]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2010-08-05)

Plain Language Summary

[AI summary unavailable — showing source text] Coal Energy Bridge Act of 2010 - Amends the Internal Revenue Code to: (1) allow seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit and that reduce carbon dioxide emissions; (2) allow a new 30% tax credit for investment in carbon dioxide capture, transport, and storage property which is part of a qualified coal-fired electric generation unit; (3) expand the tax credit for carbon dioxide sequestration to allow for uses other than as tertiary injectants; and (4) allow a tax credit for investment in clean energy coal bonds.…

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

Cosponsors (1)

1 Republican