cheaptrix/billsum-US_congress_and_house huggingface dataset:
Waste Heat to Power Investment Tax Credit Act of 2019

To amend the Internal Revenue Code of 1986 to include waste energy recovery property in the energy credit. 1. Short title This Act may be cited as the Waste Heat to Power Investment Tax Credit Act of 2019 2. Inclusion of waste energy recovery property in energy credit (a) In general Section 48(a)(3)(A) or or (viii) waste energy recovery property, . (b) Application of 30 percent credit Section 48(a)(2)(A)(i) of such Code is amended by striking and (V) waste energy recovery property, and . (c) Phaseout Section 48(a) of such Code is amended by adding at the end the following new paragraph: (8) Phaseout for waste energy recovery property (A) In general Subject to subparagraph (B), in the case of any waste energy recovery property, the energy percentage determined under paragraph (2) shall be equal to— (i) in the case of any property the construction of which begins after December 31, 2024, and before January 1, 2026, 26 percent, and (ii) in the case of any property the construction of which begins after December 31, 2025, and before January 1, 2027, 22 percent. (B) Placed in service deadline In the case of any energy property described in subparagraph (A) which is not placed in service before January 1, 2029, the energy percentage determined under paragraph (2) shall be equal to 0 percent. . (d) Definitions Section 48(c) of such Code is amended by adding at the end the following new paragraph: (5) Waste energy recovery property (A) In general The term waste energy recovery property (B) Capacity limitation The term waste energy recovery property (C) No double benefit Any waste energy recovery property (determined without regard to this subparagraph) which is part of a system which is a combined heat and power system property shall not be treated as waste energy recovery property for purposes of this section unless the taxpayer elects to not treat such system as a combined heat and power system property for purposes of this section. (D) Termination The term waste energy recovery property . (e) Effective date The amendments made by this section shall apply to periods after December 31, 2019, under rules similar to the rules of section 48(m) as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990.

Summary: Waste Heat to Power Investment Tax Credit Act of 2019 This bill amends the Internal Revenue Code to include waste energy recovery property in the 30% energy tax credit, subject to a phaseout. The bill defines "waste energy recovery property" as property that generates electricity solely from heat from buildings or equipment if the primary purpose of such buildings or equipment is not the generation of electricity. Such property may not have a capacity in excess of 50 megawatts.
Carbon Capture and Sequestration Extension Act of 2019

To amend the Internal Revenue Code of 1986 to extend the credit for carbon oxide sequestration. 1. Short title This Act may be cited as the Carbon Capture and Sequestration Extension Act of 2019 2. Extension of credit for carbon oxide sequestration (a) In general Section 45Q(d)(1) January 1, 2024 January 1, 2025 (b) Effective date The amendment made by this section applies to facilities the construction of which begins after December 31, 2023.

Summary: Carbon Capture and Sequestration Extension Act of 2019 This bill extends for one year the tax credit for carbon oxide sequestration.
Renewable Energy Investment Act of 2019

To amend the Internal Revenue Code of 1986 to provide for elective payments for energy property and electricity produced from certain renewable resources. 1. Short title This Act may be cited as the Renewable Energy Investment Act of 2019 2. Elective payment for energy property and electricity produced from certain renewable resources, etc (a) In general Subchapter B of chapter 65 6431. Elective payment for energy property and electricity produced from certain renewable resources, etc (a) Energy property In the case of a taxpayer making an election (at such time and in such manner as the Secretary may provide) under this section with respect to any portion of an energy credit which would (without regard to this section) be determined under section 48 with respect to such taxpayer or any portion of a renewable electricity production credit which would (without regard to this section) be determined under section 45 with respect to such taxpayer, such taxpayer shall be treated as making a payment against the tax imposed by subtitle A for the taxable year equal to— (1) in the case of an Indian tribal government (within the meaning of such term for purposes of section 139E), the amount of such portion, and (2) in the case of any other taxpayer, 85 percent of such amount. (b) Timing The payment described in subsection (a) shall be treated as made on the later of the due date of the return of tax for such taxable year or the date on which such return is filed. (c) Exclusion from gross income Gross income of the taxpayer shall be determined without regard to this section. (d) Denial of double benefit Solely for purposes of section 38, in the case of a taxpayer making an election under this section, the energy credit determined under section 45 or the renewable electricity production credit determined under section 48 shall be reduced by the amount of the portion of such credit with respect to which the taxpayer makes such election. . (b) Clerical amendment The table of sections for subchapter B of chapter 65 of such Code is amended by adding at the end the following new item: Sec. 6431. Elective payment for energy property and electricity produced from certain renewable resources, etc. . (c) Effective date The amendments made by this section shall apply to property originally placed in service after the date of the enactment of this Act.

Summary: Renewable Energy Investment Act of 2019 This bill allows Indian tribal governments and other taxpayers to elect to receive tax excludable payments in lieu of credit amounts attributable to the tax credits for energy property and for electricity produced from certain renewable resources. The payments to such other taxpayers are limited to 85% of the credit amounts.
Promoting Sustainable Energy Projects for Tribal Communities Act of 2019

To amend the Internal Revenue Code of 1986 to provide for elective payments to Indian tribal governments for energy property and electricity produced from certain renewable resources. 1. Short title This Act may be cited as the Promoting Sustainable Energy Projects for Tribal Communities Act of 2019 2. Elective payment to Indian tribal governments for energy property and electricity produced from certain renewable resources, etc (a) In general Subchapter B of chapter 65 6431. Elective payment to Indian tribal governments for energy property and electricity produced from certain renewable resources, etc (a) Energy property In the case of an Indian tribal government (within the meaning of such term for purposes of section 139E) making an election (at such time and in such manner as the Secretary may provide) under this section with respect to any portion of an energy credit which would (without regard to this section) be determined under section 48 with respect to such taxpayer or any portion of a renewable electricity production credit which would (without regard to this section) be determined under section 45 with respect to such taxpayer, such taxpayer shall be treated as making a payment against the tax imposed by subtitle A for the taxable year equal to the amount of such portion. (b) Timing The payment described in subsection (a) shall be treated as made on the later of the due date of the return of tax for such taxable year or the date on which such return is filed. (c) Exclusion from gross income Gross income of the taxpayer shall be determined without regard to this section. (d) Denial of double benefit Solely for purposes of section 38, in the case of a taxpayer making an election under this section, the energy credit determined under section 45 or the renewable electricity production credit determined under section 48 shall be reduced by the amount of the portion of such credit with respect to which the taxpayer makes such election. . (b) Clerical amendment The table of sections for subchapter B of chapter 65 of such Code is amended by adding at the end the following new item: Sec. 6431. Elective payment to Indian tribal governments for energy property and electricity produced from certain renewable resources, etc. . (c) Effective date The amendments made by this section shall apply to property originally placed in service after the date of the enactment of this Act.

Summary: Promoting Sustainable Energy Projects for Tribal Communities Act of 2019 This bill allows Indian tribal governments to elect to receive payments, in lieu of tax credits, for energy property and electricity produced from certain renewable resources.
Empowering Homeowners Energy Efficiency Act of 2019

To amend the Internal Revenue Code of 1986 to include home energy audits in the nonbusiness energy property credit. 1. Short title This Act may be cited as the Empowering Homeowners Energy Efficiency Act of 2019 2. Inclusion of home energy audits in nonbusiness energy property credit (a) In general Section 25C(a) and , and (3) 30 percent of the amount paid or incurred by the taxpayer during the taxable year for home energy audits. . (b) Limitation Section 25C(b) of such Code is amended adding at the end the following new paragraph: (4) Home energy audits The amount of the credit allowed under this section by reason of subsection (a)(3) shall not exceed $150. . (c) Definition of home energy audit Section 25C of such Code is amended by redesignating subsections (e), (f), and (g), as subsections (f), (g), and (h), respectively, and by inserting after subsection (d) the following new subsection: (e) Home energy audits For purposes of this section, the term home energy audit (1) identifies the most significant and cost-effective energy efficiency improvements with respect to such dwelling unit, including an estimate of the energy and cost savings with respect to each such improvement, and (2) is conducted and prepared by a home energy auditor that meets the certification or other requirements specified by the Secretary (after consultation with the Secretary of Energy, and not later than 180 days after the date of the enactment of this subsection) in regulations or other guidance. . (d) Conforming amendment Section 1016(a)(33) of such Code is amended by striking section 25C(f) section 25C(g) (e) Effective date The amendments made by this section shall apply to amounts paid or incurred after December 31, 2019.

Summary: Empowering Homeowners Energy Efficiency Act of 2019 This bill amends the Internal Revenue Code to expand the tax credit for nonbusiness energy property to include a credit for home energy audits. The amount of such credit is 30% of the cost of a home energy audit, not to exceed $150. The bill defines "home energy audit" to mean an inspection and written report for a dwelling owned and used by a taxpayer as the taxpayer's principal residence. The audit must identify the most significant and cost-effective energy efficiency improvements for such dwelling, including an estimate of the energy and cost savings for each improvement, and be conducted and prepared by a certified home energy auditor.
Green VAN Act of 2019

To amend the Internal Revenue Code of 1986 to provide for a credit for zero-emission heavy vehicles. 1. Short title This Act may be cited as the Green Vehicle Adoption Nationwide Act of 2019 Green VAN Act of 2019 2. Credit for zero-emission heavy vehicles (a) In general Subpart D of part IV of subchapter A of chapter 1 45T. Zero-emission heavy vehicle credit (a) Allowance of credit For purposes of section 38, in the case of a manufacturer of a zero-emission heavy vehicle, the zero-emission heavy vehicle credit determined under this section for a taxable year is an amount equal to 10 percent of the sum of the sale price of each zero-emission heavy vehicle sold by such taxpayer during such taxable year. (b) Limitation The sale price of a zero-emission heavy vehicle may not be taken into account under subsection (a) to the extent such price exceeds $1,000,000. (c) Zero-Emission heavy vehicle For purposes of this section— (1) In general The term zero-emission heavy vehicle (A) has a gross vehicle weight rating of not less than 14,000 pounds, (B) is not powered or charged by an internal combustion engine, and (C) is propelled solely by an electric motor which draws electricity from a battery or fuel cell. (2) Motor vehicle; manufacturer The term motor vehicle manufacturer (d) Special rules (1) Sale price For purposes of this section, the sale price of a zero-emission heavy vehicle shall be reduced by any rebate or other incentive given before, on, or after the date of the sale. (2) Domestic use No credit shall be allowed under subsection (a) with respect to a zero-emission heavy vehicle to a manufacturer who knows or has reason to know that such vehicle will not be used primarily in the United States or a possession of the United States. (3) Regulations The Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the purposes of this section. (e) Termination This section shall not apply to sales after December 31, 2024. . (b) Credit made part of general business credit Subsection (b) of section 38 of such Code is amended by striking plus , plus (33) the zero-emission heavy vehicle credit determined under section 45T. . (c) Clerical amendment The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: Sec. 45T. Zero-emission heavy vehicle credit. (d) Effective date The amendments made by this section shall apply to sales after the date of the enactment of this Act.

Summary: Green Vehicle Adoption Nationwide Act of 2019 or the Green VAN Act of 2019 This bill allows a manufacturer a 10% tax credit of the sales price of a zero-emission heavy vehicle. The credit only applies to the first $1 million of a vehicle's sales price. The bill defines "zero-emission heavy vehicle" as a motor vehicle that has a gross vehicle weight rating of not less than 14,000 pounds, is not powered or charged by an internal combustion engine, and is propelled solely by an electric motor that draws electricity from a battery or fuel cell.
Green Bus Tax Credit Act of 2019

To amend the Internal Revenue Code of 1986 to provide for a credit for zero-emission buses. 1. Short title This Act may be cited as the Green Bus Tax Credit Act of 2019 2. Credit for zero-emission buses (a) In general Subpart D of part IV of subchapter A of chapter 1 45T. Zero-emission bus credit (a) Allowance of credit For purposes of section 38, in the case of a manufacturer of a zero-emission heavy vehicle, the zero-emission bus credit determined under this section for a taxable year is an amount equal to 10 percent of the sum of the sale price of each zero-emission heavy vehicle sold by such taxpayer during such taxable year. (b) Limitation The sale price of a zero-emission heavy vehicle may not be taken into account under subsection (a) to the extent such price exceeds $1,000,000. (c) Zero-Emission heavy vehicle For purposes of this section— (1) In general The term zero-emission heavy vehicle (A) has a gross vehicle weight rating of not less than 14,000 pounds, (B) is not powered or charged by an internal combustion engine, and (C) is propelled solely by an electric motor which draws electricity from a battery or fuel cell. (2) Motor vehicle; manufacturer The term motor vehicle manufacturer (d) Special rules (1) Sale price For purposes of this section, the sale price of a zero-emission heavy vehicle shall be reduced by any rebate or other incentive given before, on, or after the date of the sale. (2) Domestic use No credit shall be allowed under subsection (a) with respect to a zero-emission heavy vehicle to a manufacturer who knows or has reason to know that such vehicle will not be used primarily in the United States or a possession of the United States. (3) Regulations The Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the purposes of this section. (e) Termination This section shall not apply to sales after December 31, 2024. . (b) Credit made part of general business credit Subsection (b) of section 38 of such Code is amended by striking plus , plus (33) the zero-emission bus credit determined under section 45T. . (c) Clerical amendment The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: Sec. 45T. Zero-emission bus credit. (d) Effective date The amendments made by this section shall apply to sales after the date of the enactment of this Act.

Summary: Green Bus Tax Credit Act of 2019 This bill allows a manufacturer a zero-emission bus tax credit. The credit is equal to 10% of the sales price of a zero-emission heavy vehicle. The credit only applies to the first $1 million of a vehicle's sales price. The bill defines "zero-emission heavy vehicle" as a motor vehicle that has a gross vehicle weight rating of not less than 14,000 pounds, is not powered or charged by an internal combustion engine, and is propelled solely by an electric motor that draws electricity from a battery or fuel cell.
EV CHARGE Act of 2019

To amend the Internal Revenue Code of 1986 to modify the alternative fuel refueling property credit. 1. Short title This Act may be cited as the Electric Vehicle Charging Helps Access to Renewable Green Energy Act of 2019 EV CHARGE Act of 2019 2. Alternative fuel refueling property credit (a) In general Section 30C(g) December 31, 2017 December 31, 2024 (b) Additional credit for certain electric charging property (1) In general Section 30C(a) of such Code is amended— (A) by striking equal to 30 percent equal to the sum of— (1) 30 percent .; (B) by striking the period at the end and inserting , plus (C) by adding at the end the following new paragraph: (2) 20 percent of so much of such cost as exceeds the limitation under subsection (b)(1) that does not exceed the amount of cost attributable to qualified alternative vehicle refueling property (determined without regard to paragraphs (1), (2)(A), and (2)(B) of subsection (c)) which— (A) is intended for general public use and recharges motor vehicle batteries with no associated fee or payment arrangement, (B) is intended for general public use and accepts payment via a credit card reader, or (C) is intended for use exclusively by fleets of commercial or governmental vehicles. . (2) Conforming amendment Section 30C(b) of such Code is amended— (A) by striking The credit allowed under subsection (a) The amount of cost taken into account under subsection (a)(1) (B) by striking $30,000 $100,000 (C) by striking $1,000 $3333.33 (c) Effective date (1) Extension The amendment made by subsection (a) shall apply to property placed in service after December 31, 2017. (2) Limitation for electric charging business property The amendments made by subsection (b) shall apply to property placed in service after December 31, 2019.

Summary: Electric Vehicle Charging Helps Access to Renewable Green Energy Act of 2019 or the EV CHARGE Act of 2019 This bill reinstates and extends through 2024, the 30% tax credit for the cost of alternative fuel vehicle refueling property. The bill allows an additional 20% credit for excess costs attributable to refueling property that is intended for general public use or for use exclusively by fleets of commercial or government vehicles.
Innovative Energy Manufacturing Act of 2019

To amend the Internal Revenue Code of 1986 to extend the advanced energy project credit. 1. Short title This Act may be cited as the Innovative Energy Manufacturing Act of 2019 2. Extension of the advanced energy project credit (a) In general Section 48C (e) Additional allocations (1) In general Not later than 180 days after the date of enactment of this paragraph, the Secretary, after consultation with the Secretary of Energy, shall establish a program to designate amounts of qualifying advanced project credit limitation to qualifying advanced energy projects. (2) Annual limitation (A) In general The amount of qualifying advanced project credit limitation that may be designated under this subsection during any calendar year shall not exceed the annual credit limitation with respect to such year. (B) Annual credit limitation For purposes of this subsection, the term annual credit limitation (C) Carryover of unused limitation If the annual credit limitation for any calendar year exceeds the aggregate amount designated for such year under this subsection, such limitation for the succeeding calendar year shall be increased by the amount of such excess. No amount may be carried under the preceding sentence to any calendar year after 2024. (3) Placed in service deadline No credit shall be determined under subsection (a) with respect to any property which is placed in service after the date that is 4 years after the date of the designation under this subsection relating to such property. (4) Selection criteria Selection criteria similar to those in subsection (d)(3) shall apply, except that in determining designations under this subsection, the Secretary, after consultation with the Secretary of Energy, shall give the highest priority to projects which manufacture (other than assembly of components) property described in a subclause of subsection (c)(1)(A)(i) (or components thereof). (5) Disclosure of designations Rules similar to the rules of subsection (d)(5) shall apply for purposes of this subsection. . (b) Effective date The amendment made by this section shall take effect on the date of the enactment of this Act. (c) Progress report During the 30-day period ending on December 31, 2025, the Secretary of the Treasury (or the Secretary’s delegate), after consultation with the Secretary of Labor, shall submit a report to Congress on the domestic job creation, and wages associated with such jobs, attributable to the amendment made by this section.

Summary: Innovative Energy Manufacturing Act of 2019 This bill amends the Internal Revenue Code to provide for additional annual allocations, in 2020 through 2024, of the qualifying advanced energy project tax credit. The Department of the Treasury must report to Congress by the end of 2025, on domestic job creation attributable to the credit allocations made by this bill.