Committee/Subcommittee: | Activity: | |
House Ways and Means | Referral, In Committee |
***NONE***
***NONE***
Rep Allen, Thomas H. - 6/28/2001 [ME-1] | Rep Baird, Brian - 6/28/2001 [WA-3] |
Rep Bartlett, Roscoe G. - 7/10/2001 [MD-6] | Rep Holt, Rush D. - 6/28/2001 [NJ-12] |
Rep Olver, John W. - 6/28/2001 [MA-1] | Rep Shays, Christopher - 6/28/2001 [CT-4] |
Rep Smith, Adam - 6/28/2001 [WA-9] | Rep Udall, Mark - 6/28/2001 [CO-2] |
Rep Wamp, Zach - 6/28/2001 [TN-3] | Rep Woolsey, Lynn C. - 7/16/2001 [CA-6] |
Clean Energy Incentives Act - Amends the Internal Revenue Code, with respect to renewable and alternative energy, alternative fuels and energy efficient vehicles, energy efficiency and conservation, and energy generation and management.
Provides for: (1) a five year extension for the renewable resource credit for qualified facilities; (2) alternative resources (solar, biomass, incremental hydropower and geothermal, and geothermal energy) to qualify for the renewable resource credit; (3) a tradable resource credit for public utilities and other tax exempt organizations; (4) an extension of the deduction for certain refueling property; and (5) an energy efficient commercial building deduction.
Provides tax credits for the following: (1) an alternative motor vehicle; (2) the retail sale of alternative fuels (compressed natural gas, liquefied natural gas, liquefied petroleum gas, hydrogen, and fuel which is at least 85 percent methanol) as motor vehicle fuel; (3) the installation of alternative (clean) fueling stations; (4) property to convert waste to fuel; (5) construction of new highly energy efficient homes; (6) energy efficient appliances; (7) adjustable speed drives; (8) energy efficient recycling or remanufacturing equipment; (9) distributed energy generation and demand property (specified solar, geothermal, energy efficient building, and other property) used in business; (10) distributed energy generation and demand property (specified photovoltaic, solar water heating, wind energy, fuel cell, and energy efficient property) used in residences; (11) energy management systems using residential real time metering systems; and (12) and flywheel property.