U.S. Congress - S.3208 Carbon Reduction Technology Bridge Act of 2008
S.3208 - Carbon Reduction Technology Bridge Act of 2008
A bill to amend the Internal Revenue Code of 1986 to provide tax incentives for clean coal technology, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to provide tax incentives for clean coal technology, and for other purposes. as introduced.
- Short: Carbon Reduction Technology Bridge Act of 2008 as introduced.
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Official Summary
6/26/2008--Introduced.Carbon Reduction Technology Bridge Act of 2008 - Amends the Internal Revenue Code to allow: (1) seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit after 2007 and that reduce carbon dioxide emissions;Official Summary
6/26/2008--Introduced.Carbon Reduction Technology Bridge Act of 2008 - Amends the Internal Revenue Code to allow:
(1) seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit after 2007 and that reduce carbon dioxide emissions;
(2) a tax credit for the production of electricity using closed-loop biomass co-fired with coal;
(3) a tax credit for investment in qualified clean coal electric generation units;
(4) a tax credit for investment in carbon dioxide capture, transport, and storage property which is part of a qualified coal-fired electric generation unit; and
(5) a tax credit for investment in clean energy coal bonds.
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S. 3208, A bill to amend the Internal Revenue Code of 1986 to ...
S. 3208 would amend the Internal Revenue Code of 1986 to provide tax incentives for clean coal technology.... Vote on This Bill: For | Against.
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