GovTrack’s Bill Summary
We don’t have a summary available yet.
S. 1845 (112th): STORAGE 2011 Act
- Introduced:
- Nov 10, 2011 (112th Congress, 2011–2013)
- Status:
- Died (Referred to Committee) in a previous session of Congress
Status
This bill was introduced on November 10, 2011, in a previous session of Congress, but was not enacted.
Introduced
Nov 10, 2011
About the bill
- Sponsor
- Ron Wyden
Senior Senator from Oregon
- Party
- Democrat
- Text
- Read Text »
- Last Updated
- Nov 10, 2011
- Length
- 15 pages
- Full Title
A bill to amend the Internal Revenue Code of 1986 to provide for an energy investment credit for energy storage property connected to the grid, and for other purposes.
- Summary
-
No summaries available.
Details
- Cosponsors
-
5 cosponsors (4D, 1R) (show)
- Committee Assignments
-
The committee chair determines whether a bill will move past the committee stage.
- Votes
-
There have been no votes related to this bill.
Notes, links & tools
- Notes
-
The “S.” in S. 1845 means this is a Senate bill.
A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.
The bill’s title was written by its sponsor.
- Primary Source
-
THOMAS.gov (The Library of Congress)
GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.
- Widget
- Citation
-
Click a format for a citation suggestion:
Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
Storage Technology for Renewable and Green Energy Act of 2011 or the STORAGE 2011 Act - Amends the Internal Revenue Code to:
(1) allow, through 2020, a 20% energy tax credit for investment in energy storage property that is directly connected to the electrical grid (i.e., a system of generators, transmission lines, and distribution facilities) and that is designed to receive.
store, and convert energy to electricity, deliver it for sale, or use such energy to provide improved reliability or economic benefits to the grid;
(2) make such property eligible for new clean renewable energy bond financing;
(3) allow a 30% energy tax credit for investment in energy storage property used at the site of energy storage; and
(4) allow a 30% nonbusiness energy property tax credit for the installation of energy storage equipment in a principal residence.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.
Use the comment space below for discussion of the merits of S. 1845 (112th) with other GovTrack users.
comments powered by DisqusYour comments are not read by Congressional staff.