House Bill 507
117th Congress(2021-2022)
Innovative Energy Manufacturing Act of 2021
Introduced
Introduced in House on Jan 28, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
507
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
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.
January 28, 2021
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01/28/2021
Referred to the House Committee on Ways and Means.
01/28/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:43:27 PM