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US HR1090

US HR1090
Technologies for Energy Security Act of 2017


summary

Introduced
02/15/2017
In Committee
02/15/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Technologies for Energy Security Act of 2017 This bill amends the Internal Revenue Code to extend and modify the tax credits for residential energy efficient property and investments in energy property. The bill modifies the tax credit for residential energy efficient property to extend through 2021 the credits for expenditures for fuel cell property, small wind energy property, and geothermal heat pump property. For each extended credit, the bill phases out the current credit rate of 30% of expenditures by reducing it to 26% or 22%, depending on the date that the property is placed in service. The bill extends the tax credit for investments in energy property for the following property with construction that begins before January 1, 2022: fiber-optic solar energy property, fuel cell property, microturbine property, combined heat and power system property, small wind energy property, and thermal energy property. The bill phases out the current credit rate of 30% for investments in fuel cell property, small wind energy property, and fiber-optic solar energy property by reducing it to 26% or 22%, depending on the date that the property is placed in service.

AI Summary

This bill amends the Internal Revenue Code to extend and modify the tax credits for residential energy efficient property and investments in energy property. It extends the tax credits for residential energy efficient property, including fuel cell property, small wind energy property, and geothermal heat pump property, through 2021, with a phaseout of the current 30% credit rate to 26% or 22%. The bill also extends the tax credit for investments in various energy properties, such as fiber-optic solar energy property, fuel cell property, and small wind energy property, with construction beginning before January 1, 2022, also with a phaseout of the 30% credit rate to 26% or 22%.

Committee Categories

Budget and Finance

Sponsors (118)

Tom Reed (R)* Don Bacon (R),  Joyce Beatty (D),  Jack Bergman (R),  Rod Blum (R),  Earl Blumenauer (D),  Lisa Blunt Rochester (D),  Suzanne Bonamici (D),  Robert Brady (D),  Susan Brooks (R),  Julia Brownley (D),  Larry Bucshon (R),  Ken Calvert (R),  Tony Cárdenas (D),  Matt Cartwright (D),  Yvette Clarke (D),  Mike Coffman (R),  Tom Cole (R),  Barbara Comstock (R),  Gerry Connolly (D),  Lou Correa (D),  Ryan Costello (R),  Kevin Cramer (R),  Charlie Crist (D),  Joseph Crowley (WFP),  Elijah Cummings (D),  Carlos Curbelo (R),  Rodney Davis (R),  Suzan DelBene (D),  Jeff Denham (R),  Theodore Deutch (D),  Daniel Donovan (R),  Michael Doyle (D),  Jeff Duncan (R),  John Duncan (R),  Tom Emmer (R),  Anna Eshoo (D),  Elizabeth Esty (D),  John Faso (R),  Brian Fitzpatrick (R),  Jeff Fortenberry (R),  Bob Gibbs (R),  Colleen Hanabusa (D),  Brian Higgins (D),  Jim Himes (D),  Trey Hollingsworth (R),  Jared Huffman (D),  Will Hurd (R),  Marcy Kaptur (D),  Mike Kelly (R),  Ro Khanna (D),  Ron Kind (D),  Peter King (R),  Steve King (R),  Adam Kinzinger (R),  Stephen Knight (R),  Raja Krishnamoorthi (D),  Ann Kuster (D),  Darin LaHood (R),  Leonard Lance (R),  John Larson (D),  Frank LoBiondo (R),  David Loebsack (D),  Mia Love (R),  Frank Lucas (R),  Ben Ray Luján (D),  Michelle Lujan Grisham (D),  Thomas MacArthur (R),  Tom Marino (R),  Patrick Meehan (R),  Luke Messer (R),  Alex Mooney (R),  Seth Moulton (D),  Markwayne Mullin (R),  Tim Murphy (R),  Grace Napolitano (D),  Kristi Noem (R),  Richard Nolan (D),  Steven Palazzo (R),  Scott Peters (D),  Collin Peterson (D),  Chellie Pingree (D),  Robert Pittenger (R),  Mark Pocan (D),  Jared Polis (D),  Jamie Raskin (D),  David Reichert (R),  James Renacci (R),  Todd Rokita (R),  Thomas Rooney (R),  Ileana Ros-Lehtinen (R),  Jacky Rosen (D),  Dennis Ross (R),  Tim Ryan (D),  Linda Sánchez (D),  Brad Schneider (D),  Carol Shea-Porter (D),  John Shimkus (R),  Mike Simpson (R),  Kyrsten Sinema (I),  Louise Slaughter (D),  Lloyd Smucker (R),  Elise Stefanik (R),  Steve Stivers (R),  Tom Suozzi (D),  G.T. Thompson (R),  Mike Thompson (D),  Paul Tonko (D),  David Trott (R),  Mike Turner (R),  David Valadao (R),  Nydia Velázquez (D),  Jackie Walorski (R),  Timothy Walz (D),  Peter Welch (D),  Kevin Yoder (R),  David Young (R),  Lee Zeldin (R), 

Last Action

Referred to the House Committee on Ways and Means. (on 02/15/2017)

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