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To provide incentives for the reduction of green house gases. 7/17/2008--Introduced. Incentivizing Renewable Energy Production Act of 2008 - Amends the Energy Policy Act of 2005 to allow loan guarantees for closed-loop ethanol plants. Amends the Internal Revenue Code to: (1) allow a tax credit for the production of livestock-derived renewable energy; (2) allow an increased tax credit for research expenses relating to any clean-burning fuel and closed-loop system (including any anaerobic digester); (3) allow a tax credit for the production of biomaterials from certain renewable resources; and (4) increase the tax credit for alternative fuel vehicle refueling property expenditures.Amends the Energy Independence and Security Act of 2007 to: (1) require the Secretary of Energy to establish a program to support development in biofuel technologies; and (2) authorize appropriations through FY2019 for the grant program for the production of advanced biofuels.Directs [...]

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Latest Actions
  • 07/17/2008 - Referred to the Subcommittee on Energy and Environment.
  • 07/17/2008 - Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, Rules, Energy and Commerce, and Science and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 07/17/2008 - Referred to House Ways and Means
  • 07/17/2008 - Referred to House Oversight and Government Reform
  • 07/17/2008 - Referred to House Rules

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Bill Text
File name Last Updated
H.R.6552 Introduced in House07/19/2008