HR 1595 · 98th Congress · Energy

Solar Energy National Security and Employment (SENSE) Act of 1983

Introduced 1983-02-23· Sponsored by Rep. Wirth, Timothy [D-CO-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Military Installations and Facilities.(1983-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] Solar Energy National Security and Employment (SENSE) Act of 1983 - Title I: Use of Solar and Other Renewable Forms of Energy Developed By Private Sector - Renewable Energy Small Business Development Act of 1983 - Amends the Internal Revenue Code to increase the energy percentage for energy property which is used in determining the qualified investment tax credit. Treats biomass recycling equipment as biomass property and includes biomass property as "energy property" for purposes of the energy percentage. Eliminates the requirement that the primary energy sources for a facility producing alcohol for fuel purposes not be oil or natural gas or a product of either one in order for such alcohol to be treated as "qualified fuel" for purposes of the energy percentage. Amends the Export-Import Bank Act of 1945 to require that a minimum of 12 percent of the loan authority of the Export-Import Bank in any fiscal year be made available only to businesses with $25,000,000 or less in previous-year sales and include an amount of loan authority for renewable energy transactions that is appropriate to the demand for such loans. Amends the Public Utility Regulatory Policies Act of 1978 to require…

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

Cosponsors (20)

16 Democrats4 Republicans