S.3159: Energy Storage Tax Incentive and Deployment Act of 2016

About This Bill

Bill Summary

Energy Storage Tax Incentive and Deployment Act of 2016 This bill amends the Internal Revenue Code to allow tax credits for: (1) energy storage technologies, and (2) battery storage technology. The bill expands the tax credit for investments in energy property to include equipment that: (1) receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.3159.

Bill Actions

Date Description
July 12, 2016
Read twice and referred to the Committee on Finance.
July 12, 2016

Introduced in the Senate by Martin Heinrich (D-N.M.)

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