S.1153: Coal-based Generation Improvement Act

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about taxation
  • Introduced May 26, 2005
  • Latest Major Action May 26, 2005

Bill Sponsor

Bill Summary

Coal-based Generation Improvement Act - Directs the Secretary of Energy to provide certain financial incentives for the deployment of advanced coal-based generation technologies. Allows sponsors of projects using advanced coal-based generation technology to elect certain tax benefits, including an investment tax credit and accelerated depreciation. Amends the Internal Revenue Code to allow a tax credit for investment in clean energy bonds....

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
May 26, 2005

Introduced in the Senate by Jim Bunning (R-Ky.)

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