H.R. 7196 · 115th Congress

Energy Sector Innovation Credit Act of 2018

Stage
In committee
Sponsor
Tom Reed
Introduced
2018-11-29
Latest action
2018-11-29 · Introduced in House

Summary

Energy Sector Innovation Credit Act of 2018

This bill allows investment and production tax credits for electricity-generating facilities that use new or improved technologies that meet specified requirements. The bill also allows a credit for investments in certain retrofits that improve efficiency; decrease water consumption; or reduce, sequester, or control air pollution at existing electricity-generating facilities.