I
116th CONGRESS
1st Session
H. R. 2096
IN THE HOUSE OF REPRESENTATIVES
April 4, 2019
Mr. Michael F. Doyle of Pennsylvania (for himself, Mr. Blumenauer, and Ms. Sánchez) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide tax credits for energy storage technologies, and for other purposes.
Short title
This Act may be cited as the Energy Storage Tax Incentive and Deployment Act of 2019
.
Energy credit for energy storage technologies
In general
Subclause (II) of section 48(a)(2)(A)(i) of the Internal Revenue Code of 1986 is amended by striking paragraph (3)(A)(i)
and inserting clause (i) or (viii) of paragraph (3)(A)
.
Energy storage technologies
Subparagraph (A) of section 48(a)(3) of the Internal Revenue Code of 1986 is amended by striking or
at the end of clause (vi), by adding or
at the end of clause (vii), and by adding at the end the following new clause:
equipment which receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies identified by the Secretary in consultation with the Secretary of Energy, and which has a capacity of not less than 5 kilowatt hours,
.
Phaseout of credit
Paragraph (6) of section 48(a) of the Internal Revenue Code of 1986 is amended—
by striking energy
in the heading and inserting and energy storage
; and
by striking paragraph (3)(A)(i)
both places it appears and inserting clause (i) or (viii) of paragraph (3)(A)
.
Effective date
The amendments made by this section shall apply to property placed in service after December 31, 2018.
Residential energy efficient property credit for battery storage technology
In general
Subsection (a) of section 25D of the Internal Revenue Code of 1986 is amended by striking and
at the end of paragraph (4), by inserting and
after the comma at the end of paragraph (5), and by adding at the end the following new paragraph:
the qualified battery storage technology expenditures,
.
Qualified battery storage technology expenditure
Subsection (d) of section 25D of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph:
Qualified battery storage technology expenditure
The term qualified battery storage technology expenditure means an expenditure for battery storage technology which—
is installed on or in connection with a dwelling unit located in the United States and used as a residence by the taxpayer, and
has a capacity of not less than 3 kilowatt hours.
.
Effective date
The amendments made by this section shall apply to expenditures paid or incurred in taxable years beginning after December 31, 2018.
