H.R. 5154 · 116th Congress
GEO Act of 2019
- Stage
- In committee
- Sponsor
- Steven Horsford
- Introduced
- 2019-11-19
- Latest action
- 2019-11-19 · Introduced in House
Summary
Geothermal Energy Opportunity Act of 2019 or the GEO Act of 2019
This bill provides for a 30% energy tax credit for geothermal resources, subject to a phased reduction in the credit in 2025 and 2026.