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Bill > HR5165


US HR5165

US HR5165
Innovative Energy Manufacturing Act of 2019


summary

Introduced
11/19/2019
In Committee
11/19/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to extend the advanced energy project credit. This bill amends the Internal Revenue Code to provide for additional annual allocations, in 2020 through 2024, of the qualifying advanced energy project tax credit. The Department of the Treasury must report to Congress by the end of 2025, on domestic job creation attributable to the credit allocations made by this bill.

AI Summary

This bill amends the Internal Revenue Code to provide for additional annual allocations, from 2020 through 2024, of the qualifying advanced energy project tax credit. The Department of the Treasury must report to Congress by the end of 2025 on the domestic job creation and associated wages attributable to the credit allocations made by this bill.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to the House Committee on Ways and Means. (on 11/19/2019)

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