American Energy Innovation Act

Bill: 114-s-2089
Sponsor: Sen. Cantwell, Maria [D-WA]
Introduced: 2015-09-28 in the Senate
Policy area: Energy
Subjects: Administrative law and regulatory procedures
Advanced technology and technological innovations
Advisory bodies
Agricultural conservation and pollution
Air quality
Alternative and renewable resources
Building construction
Business investment and capital
Canada
Climate change and greenhouse gases
Coal
Commemorative events and holidays
Commodities markets
Computer security and identity theft
Congressional oversight
Department of Energy
Department of the Interior
Education programs funding
Electric power generation and transmission
Elementary and secondary education
Emergency planning and evacuation
Employee hiring
Employment and training programs
Energy assistance for the poor and aged
Energy efficiency and conservation
Energy prices
Energy research
Energy revenues and royalties
Energy storage, supplies, demand
Environmental technology
Executive agency funding and structure
Government buildings, facilities, and property
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Government trust funds
Gulf of Mexico
Higher education
Historic sites and heritage areas
Hybrid, electric, and advanced technology vehicles
Income tax credits
Income tax deductions
Industrial facilities
Inflation and prices
International law and treaties
International organizations and cooperation
Land use and conservation
Latin America
Licensing and registrations
Lighting and heating
Lighting, heating, cooling
Low- and moderate-income housing
Manufacturing
Marine and coastal resources, fisheries
Materials
Mexico
Motor carriers
Motor fuels
Motor vehicles
Oil and gas
Parks, recreation areas, trails
Pedestrians and bicycling
Performance measurement
Pipelines
Public contracts and procurement
Public utilities and utility rates
Public-private cooperation
Research administration and funding
Research and development
Residential rehabilitation and home repair
Roads and highways
Sales and excise taxes
Science and engineering education
Securities
Small business
Solid waste and recycling
Strategic materials and reserves
Taxation of foreign income
Teaching, teachers, curricula
Technology assessment
Transportation safety and security
User charges and fees
Vocational and technical education
Water quality
Water use and supply

Summary:
action_date: 2015-09-28
text: 

American Energy Innovation Act 

 
This bill encourages and establishes requirements concerning: 
 
 
energy efficiency in the electricity grid, the manufacturing sector, certain vehicles and trucks, buildings, homes, and the federal government; 
 
protection of the bulk-power system from cybersecurity threats; 
 
the security and resiliency of the energy network and applications, including electric, natural gas, and oil exploration, transmission, and delivery; 
 
the modernization of energy infrastructure at the federal and state level; 
 
the development or deployment of alternative energies; and 
 
water conservation measures. 

 
The bill establishes: (1) a nonbinding goal to reduce greenhouse gas emissions 2% per year on average through 2025, and (2) a federal energy efficiency resource standard for retail electricity and natural gas suppliers.
 
The bill repeals royalty relief for leases in the Outer Continental Shelf with respect to the production of oil or gas from deep water production or ultra deep wells in shallow waters.
 
The Department of Interior must: (1) prevent venting and flaring of gases in oil and natural gas production operations on federal land, and (2) promote the capture of beneficial use or reinjection of gas in those operations. Interior must establish an annual production incentive fee with respect to public land that is subject to a lease for production of oil or natural gas under which production is not occurring.
 
The bill reauthorizes through FY2020 the Department of Energy's: (1) Weatherization Assistance Program, (2) State Energy Program, (3) basic research, and (4) the Advanced Research Projects Agency-Energy. The bill also revises and reauthorizes the Water Desalination Act of 1996. 
 
The bill amends the Internal Revenue Code to: (1) provide tax incentives for producing clean energy and for reducing energy use in homes or commercial buildings, (2) extend through 2017 energy-related tax credits, (3) subject oil derived from tar sands to an excise tax, and (4) repeal certain oil and gas tax subsidies for major integrated oil companies.
 
The bill: (1) establishes the National Park Service Centennial Fund, and (2) permanently reauthorizes the Land and Water Conservation Fund and the Historic Preservation Fund. 


Legislative actions:
action_date: 2015-09-29
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 241.
action_date: 2015-09-28
text: Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
action_date: 2015-09-28
text: Introduced in Senate