H.R. 507

Referred to Committee

Innovative Energy Manufacturing Act of 2021

Introduced 1/28/2021•117th Congress•House

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Referred to the House Committee on Ways and Means.

1/28/2021 • House

Summary

Innovative Energy Manufacturing Act of 2021

This bill provides for additional annual allocations, in 2022 through 2026, of the qualifying advanced energy project tax credit. A qualifying advanced energy project is a project that reequips, expands, or establishes a manufacturing facility for the production of energy from alternative sources, including solar, wind, or other renewable resources.

The Department of the Treasury must report to Congress by the end of 2027 on domestic job creation attributable to the credit allocations made by this bill.

Introduced in House • 1/28/2021

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Topics & Subjects

Policy Area: Taxation

Air qualityAlternative and renewable resourcesClimate change and greenhouse gasesCongressional oversightEnergy efficiency and conservationEnergy storage, supplies, demandHybrid, electric, and advanced technology vehiclesIncome tax creditsMaterialsWages and earnings

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Sponsor & Cosponsors (1)

Sponsor

Rep. Boyle, Brendan F. [D-PA-2]

Democrat • PA-2

Bill Journey

Originated in the House

Introduced

January 28, 2021

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House1/28/2021

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Related Bills (1)

H.R. 848

GREEN Act of 2021

RelatedView bill →

Committee

Ways and Means Committee

House

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Details

Bill TypeHR

Current StatusReferred to Committee

Cosponsors0

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