H.R. 2812 (112th): Heat is Power Act

Introduced:
Aug 05, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Paul Tonko [D-NY21]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


8/5/2011--Introduced.
Heat is Power Act - Amends the Internal Revenue Code to allow through 2017:
(1) an energy tax credit for investment in wasted heat to electricity property; and
(2) a tax credit for the production of electricity from renewable resources for wasted heat.
Defines "wasted heat to electricity property" as property comprising a system which generates electricity through the recovery of a qualified wasted heat resource (e.g., exhaust heat or flared gas from any industrial process or waste gas or industrial tail gas, but not a heat resource from a process whose primary purpose is the generation of electricity using a fossil fuel).

House Republican Conference Summary

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House Democratic Caucus Summary

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