S.3352 - Expanding Industrial Energy and Water Efficiency Incentives Act of 2012

A bill to amend the Internal Revenue Code of 1986 to improve and extend certain energy-related tax provisions, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to improve and extend certain energy-related tax provisions, and for other purposes. as introduced.
  • Short: Expanding Industrial Energy and Water Efficiency Incentives Act of 2012 as introduced.

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Introduced
 
Senate
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House
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President
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06/28/12
 
 
 
 
 
 
 

Official Summary

Expanding Industrial Energy and Water Efficiency Incentives Act of 2012 - Amends the Internal Revenue Code to: (1) increase megawatt and horsepower capacity limitations for the combined heat and power system property energy tax credit; (2) allow new tax credits to improve advanced motor sys

Official Summary

Expanding Industrial Energy and Water Efficiency Incentives Act of 2012 - Amends the Internal Revenue Code to:
(1) increase megawatt and horsepower capacity limitations for the combined heat and power system property energy tax credit;
(2) allow new tax credits to improve advanced motor system energy efficiency, to replace chlorofluorocarbon (CFC) refrigerant chillers, and for investment in any qualifying efficient industrial process water use project; and
(3) allow an energy tax credit for investment in biomass heating property.

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