HR 7196 · 115th Congress · Taxation

Energy Sector Innovation Credit Act of 2018

Introduced 2018-11-29· Sponsored by Rep. Reed, Tom [R-NY-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2018-11-29)

Plain Language Summary

[AI summary unavailable — showing source text] Energy Sector Innovation Credit Act of 2018 This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities.…

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

Cosponsors (2)

2 Republicans
Rep. LaHood, Darin [R-IL-18]IL
Rep. Paulsen, Erik [R-MN-3]MN