HR 66

112th CONGRESS
1st Session

H. R. 66

To amend the Internal Revenue Code of 1986 to provide for an investment tax credit for waste-to-energy facilities.

IN THE HOUSE OF REPRESENTATIVES

January 5, 2011

Mr. DOGGETT (for himself, Mr. LEWIS of Georgia, Mr. BLUMENAUER, and Mr. HOLT) 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 for an investment tax credit for waste-to-energy facilities.

SECTION 1. SHORT TITLE.

SEC. 2. INVESTMENT TAX CREDIT FOR WASTE-TO-ENERGY FACILITIES.

`(aa) use the least amount of materials which are commonly recycled,

`(bb) will provide the greatest net impact in avoiding or reducing air pollutants or anthropogenic emissions of greenhouse gases (including lifecycle leakage of greenhouse gases),

`(cc) have the lowest levelized cost of generated or stored energy, or of measured reduction in energy consumption or greenhouse gas emission (based on costs of the full supply chain), and

`(dd) pose the fewest risks (other than climate risks) to environmental and human health.

`(aa) the time prior to the installation of active gas collection systems,

`(bb) the time after the installation of the systems but prior to installation of the final cover,

`(cc) the time after installation of the final cover but prior to the time that maintenance of the cover ends, and

`(dd) the time after maintenance of the cover ends.

END