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Latest Action: 10/03/2008 - Pursuant to the provisions of H. Res. 1525, the House moved to agree to the Senate amendments. (consideration: CR H10712-10806)

Bill Text
A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes. 10/3/2008--Public Law.    (There are 6 other summaries) (This measure has not been amended since it was passed by the Senate on October 1, 2008. The summary of that version is repeated here.)Division A: Emergency Economic Stabilization - Emergency Economic Stabilization Act of 2008 - Title I: Troubled Assets Relief Program - (Sec. 101) Authorizes the Secretary of the Treasury (Secretary) to establish the Troubled Asset Relief Program (TARP) to purchase troubled assets from any financial [...]

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Latest Action: 03/07/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to improve and extend certain energy-related tax provisions, and for other purposes.

3/7/2007--Introduced.

EXTEND the Energy Efficiency Incentives Act of 2007 - Amends the Internal Revenue Code to: (1) allow individual taxpayers a tax credit for home energy efficiency expenditures; (2) extend the tax credits for nonbusiness energy and new energy efficient home expenditures through 2011; (3) extend the tax deduction for expenditures for energy efficient commercial buildings through 2012 and increase the amount of such deduction; (4) allow new tax deductions for expenditures for energy efficient low-rise buildings and for energy efficient property expenditures; and (5) allow a new tax credit for energy savings training and certification costs and certification equipment expenditures.

Latest Action: 06/15/2007 - Read twice and referred to the Committee on Environment and Public Works.

Bill Text
A bill to establish a geothermal heat pump technology acceleration program relating to General Services Administration facilities. 6/15/2007--Introduced. Requires the Administrator of General Services to establish a program to accelerate the use of geothermal heat pumps at General Services Administration (GSA) facilities. Requires such program to: (1) ensure centralized responsibility for the coordination of geothermal heat pump recommendations, practices, and activities of all relevant federal agencies; (2) provide technical assistance and operational guidance to tenants to achieve maximum feasible replacement of existing heating and cooling technologies with geothermal heat pump technologies within five years; and (3) establish methods to track the success of federal agencies with respect to that goal.Requires the Administrator to: (1) review the current use of geothermal heat pump technologies in GSA facilities and the availability of such technologies to facility [...]

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Latest Action: 05/14/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to make geothermal heat pump systems eligible for the energy credit.

5/14/2007--Introduced.

Amends the Internal Revenue Code to treat geothermal heating and cooling equipment as energy property for purposes of the energy tax credit.

Latest Action: 03/08/2007 - Sponsor introductory remarks on measure. (CR S2918-2919)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to improve and extend certain energy-related tax provisions, and for other purposes. 3/8/2007--Introduced. EXTEND the Energy Efficiency Incentives Act of 2007 - Amends the Internal Revenue Code to: (1) to allow individual taxpayers a tax credit, through 2011, for residential energy efficiency expenditures certified to achieve certain levels of energy savings; (2) modify standards for nonbusiness energy property (i.e., air conditioners, heat pumps, water heaters, etc.) and extend the tax credit for such property through 2011; (3) revise the tax credit for solar electric and hot water property to include all technologies for solar-derived electricity; (4) extend through 2011 the tax credit for new energy efficient homes; (5) extend through 2014 the tax deduction for energy efficient commercial buildings and increase the maximum amount of such deduction; (6) allow tax deductions for energy efficient low-rise buildings used for [...]

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Latest Action: 12/19/2007 - Became Public Law No: 110-140.

Bill Text
An Act to move the United States toward greater energy independence and security, to increase the production of clean renewable fuels, to protect consumers, to increase the efficiency of products, buildings, and vehicles, to promote research on and deploy greenhouse gas capture and storage options, and to improve the energy performance of the Federal Government, and for other purposes. 12/19/2007--Public Law.    (There are 3 other summaries) Energy Independence and Security Act of 2007 – Title I: Energy Security Through Improved Vehicle Fuel Economy - Subtitle A: Increased Corporate Average Fuel Economy Standards - Ten-in-Ten Fuel Economy Act - (Sec. 102) Amends federal transportation law to instruct the Secretary of Transportation (Secretary in this title) to prescribe separate average fuel economy standards for passenger and for non-passenger automobiles for model years 2011-2030. Repeals the current requirement that the average fuel economy [...]

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Latest Action: 04/25/2008 - Referred to the Subcommittee on Conservation, Credit, Energy, and Research.

Bill Text
To reduce our Nation's dependency on foreign oil by investing in clean, renewable, and alternative energy resources, promoting new emerging energy technologies, developing greater efficiency, and creating a Strategic Energy Efficiency and Renewables Reserve to invest in alternative energy, and for other purposes. 6/28/2007--Introduced. Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 - Biofuels for Energy Security and Transportation Act of 2007 - Directs the President to: (1) promulgate regulations establishing a renewable fuel standard; and (2) provide a credit to the owner of any facility that uses renewable energy to displace over 90% of the fossil fuel normally used in renewable fuel production. Directs the Secretary of Energy to establish: (1) a competitive infrastructure pilot grant program for renewable fuels; (2) at least 11 bioresearch centers for systems biology; (3) grants for renewable fuel production research and development in certain [...]

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Latest Action: 11/06/2007 - Sponsor introductory remarks on measure. (CR S13998-13999)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to make geothermal heat pump systems eligible for the energy credit and the residential energy efficient property credit, and for other purposes.

11/6/2007--Introduced.

Geothermal Heat Pump Development Act of 2007 - Amends the Internal Revenue Code to: (1) to include equipment that uses the ground or ground water as a thermal energy source or sink to heal or cool a structure (i.e., geothermal heat pump systems) as energy property for purposes of the energy tax credit; (2) allow a residential energy efficient property tax credit for 30% of qualified geothermal heat pump property expenditures; and (3) allow accelerated three-year depreciation of geothermal heat pump systems.

Latest Action: 07/11/2007 - Referred to the House Committee on Ways and Means.

Bill Text
To amend the Internal Revenue Code of 1986 to make geothermal heat pump systems eligible for the energy credit and the residential energy efficient property credit.

7/11/2007--Introduced.

Amends the Internal Revenue Code to allow an energy tax credit and a residential energy efficient property tax credit for geothermal heat pump systems.

Latest Action: 09/27/2008 - Hearings Held by Subcommittee on Energy and Environment Prior to Introduction and Referral (05/15/2007)..

Bill Text
A bill to provide needed housing reform and for other purposes. 5/8/2008--House agreed to Senate amendment with amendment.    (There are 3 other summaries) American Housing Rescue and Foreclosure Prevention Act of 2008 - Title I: FHA Housing Stabilization and Homeownership Retention - FHA Housing Stabilization and Homeownership Retention Act of 2008 - Subtitle A: Homeownership Retention - (Sec. 112) Amends the National Housing Act (NHA) to create the Refinance Program Oversight Board, which shall establish and oversee a program for insuring homeownership retention mortgages. Instructs the Secretary of Housing and Urban Development (HUD) to insure any homeownership retention mortgage covering a one- to four-family residence made to pay or prepay outstanding obligations under an existing mortgage on the residence. Sets forth mortgagor eligibility criteria, including mortgagor certification that: (1) the residence is the only residence [...]

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Latest Legislation - View All

Latest Action: 09/11/2008 - Sponsor introductory remarks on measure. (CR S8392)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to provide incentives for the production of energy, to provide transportation and domestic fuel security, and to provide incentives for energy conservation and energy efficiency, and for other purposes. 9/11/2008--Introduced. Energy Independence and Investment Act of 2008 - Amends and extends Internal Revenue Code provisions relating to energy production, transportation and domestic fuel security, energy conservation and efficiency, and nuclear power.Extends through 2011 the tax credit for production of electricity from specified renewable resources, including wind energy, biomass, geothermal energy, refined coal, and hydropower. Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of such tax credit. Extends through 2016 the energy tax credit for solar, fuel cell, and microturbine property and the tax credit for residential energy efficient property. Allows a new investment tax [...]

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