Bill
Bill > HR7330
summary
Introduced
06/25/2020
06/25/2020
In Committee
06/25/2020
06/25/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
GREEN Act of 2020 GREEN Act of 2020 Growing Renewable Energy and Efficiency Now Act of 2020 Growing Renewable Energy and Efficiency Now Act of 2020
AI Summary
This bill, the Growing Renewable Energy and Efficiency Now (GREEN) Act of 2020, proposes a number of incentives and extensions to encourage renewable energy, energy efficiency, and the development of alternative fuel vehicles. Key provisions include:
- Extending tax credits for electricity produced from renewable sources, energy efficiency upgrades, carbon capture, and more through 2025-2026.
- Providing a direct payment option for certain renewable energy and efficiency tax credits.
- Extending and expanding tax credits for electric vehicles, including a new credit for previously-owned electric vehicles.
- Providing a tax credit for zero-emission heavy vehicles and increasing the existing credit for qualified fuel cell motor vehicles.
- Extending and expanding tax credits and deductions for energy efficient homes and commercial buildings.
- Establishing a new tax credit for qualified environmental justice programs.
- Requiring the Treasury Department to report on the utility of greenhouse gas emissions data for potentially imposing an emissions fee.
The bill aims to promote clean energy, reduce carbon emissions, and support the development of green technologies and the workforce through a variety of tax incentives and policy changes.
Committee Categories
Budget and Finance
Sponsors (50)
Mike Thompson (D)*,
Don Beyer (D),
Earl Blumenauer (D),
Suzanne Bonamici (D),
Brendan Boyle (D),
Julia Brownley (D),
Salud Carbajal (D),
Judy Chu (D),
Emanuel Cleaver (D),
Steve Cohen (D),
Gerry Connolly (D),
Charlie Crist (D),
Danny Davis (D),
Suzan DelBene (D),
Lloyd Doggett (D),
Michael Doyle (D),
Anna Eshoo (D),
Dwight Evans (D),
Jimmy Gomez (D),
Debra Haaland (D),
Alcee Hastings (D),
Jahana Hayes (D),
Brian Higgins (D),
Steven Horsford (D),
Dan Kildee (D),
Ron Kind (D),
Ann Kuster (D),
John Larson (D),
Mike Levin (D),
John Lewis (D),
Alan Lowenthal (D),
Doris Matsui (D),
Gwen Moore (D),
Stephanie Murphy (D),
Richard Neal (D),
Joe Neguse (D),
Jimmy Panetta (D),
Bill Pascrell (D),
Chellie Pingree (D),
Harley Rouda (D),
Linda Sánchez (D),
Brad Schneider (D),
José Serrano (D),
Terri Sewell (D),
Darren Soto (D),
Tom Suozzi (D),
Mark Takano (D),
Bennie Thompson (D),
Paul Tonko (D),
Peter Welch (D),
Last Action
Referred to the House Committee on Ways and Means. (on 06/25/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/7330/all-info |
| BillText | https://www.congress.gov/116/bills/hr7330/BILLS-116hr7330ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr7330/BILLS-116hr7330ih.pdf.pdf |
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