U.S. Congress - H.R.4210 STORAGE Act of 2009
H.R.4210 - STORAGE Act of 2009
To amend the Internal Revenue Code of 1986 to provide for an energy investment credit for energy storage property connected to the grid, and for other purposes. view all titles (3)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to provide for an energy investment credit for energy storage property connected to the grid, and for other purposes. as introduced.
- Short: STORAGE Act of 2009 as introduced.
- Short: Storage Technology of Renewable and Green Energy Act of 2009 as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 11
- All-Time: 1,438
|
|
|
|
|
|
|
|
Committees
Official Summary
12/3/2009--Introduced.Storage Technology of Renewable and Green Energy Act of 2009 or the STORAGE Act of 2009 - Amends the Internal Revenue Code to: (1) allow a 20% energy tax credit for investment in energy storage property directly connected to the electrical grid (i.e., state systems ofOfficial Summary
12/3/2009--Introduced.Storage Technology of Renewable and Green Energy Act of 2009 or the STORAGE Act of 2009 - Amends the Internal Revenue Code to:(1) allow a 20% energy tax credit for investment in energy storage property directly connected to the electrical grid (i.e., state systems of generators, transmission lines, and distribution facilities) and designed to receive, store, and convert energy to electricity and deliver such electricity for sale;
(2) make such property eligible for new clean renewable energy bond financing;
(3) allow a 30% energy tax credit for investment in energy storage property used at the site of energy storage; and
(4) allow a 30% nonbusiness energy property tax credit for the installation of energy storage equipment in a principal residence.
...Read the Rest
Vote on This Bill
-
Share This Bill
More Share via Email
