To amend the Internal Revenue Code of 1986 to include fuel cells using electromechanical processes for purposes of the energy tax credit.

Bill: 115-hr-2394
Sponsor: full_name: Rep. Stivers, Steve [R-OH-15]
Introduced: 2017-05-04
Policy area: Taxation
Subjects: Alternative and renewable resources

Business investment and capital

Electric power generation and transmission

Income tax credits
Latest action: action_date: 2017-05-04
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2017-05-04
action_desc: Introduced in House
text: <p>This bill amends the Internal Revenue Code, with respect to the tax credit for investments in energy property, to make qualified fuel cell property (certain fuel cell power plants) that uses an electromechanical process or includes a linear generator assembly eligible for the credit.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 2394 IN THE HOUSE OF REPRESENTATIVES May 4, 2017 Mr. Stivers (for himself, Ms. Speier , and Mr. Reed ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to include fuel cells using electromechanical processes for purposes of the energy tax credit.

1. Including fuel cells using electromechanical processes for purposes of the energy tax credit (a) In general Paragraph (1) of section 48(c) of the Internal Revenue Code of 1986 is amended— (1) in subparagraph (A)(i), by inserting or electromechanical after electrochemical , and (2) in subparagraph (C)— (A) by inserting , or linear generator assembly, after a fuel cell stack assembly , and (B) by inserting or electromechanical after electrochemical . (b) Effective date The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.