STORAGE 2013 Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 10, 2013)
Storage Technology for Renewable and Green Energy Act of 2013 or the STORAGE 2013 Act - Amends the Internal Revenue Code to: (1) allow, through 2020, a 30% 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.
What just happenedApr 10, 2013
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseApr 10, 2013
- Apr 10, 2013IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Apr 10, 2013IntroReferralIntro-H
Introduced in House
- Apr 10, 2013IntroReferral1000
Introduced in House