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E. Cooper Brown Ocean Clean Energy Act of 2019

10/28/2022, 1:46 AM

Congressional Summary of HR 5375

E. Cooper Brown Ocean Clean Energy Act of 2019

This bill allows an energy tax credit for the cost of ocean thermal energy equipment. The bill defines "ocean thermal energy equipment" as equipment that converts ocean thermal energy to usable energy or that uses ocean water as a thermal energy sink to cool a structure.

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Current Status of Bill HR 5375

Bill HR 5375 is currently in the status of Bill Introduced since December 10, 2019. Bill HR 5375 was introduced during Congress 116 and was introduced to the House on December 10, 2019.  Bill HR 5375's most recent activity was Referred to the House Committee on Ways and Means. as of December 10, 2019

Bipartisan Support of Bill HR 5375

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5375

Primary Policy Focus

Taxation

Potential Impact Areas

- Alternative and renewable resources
- Electric power generation and transmission
- Energy storage, supplies, demand
- Income tax credits
- Lighting, heating, cooling
- Marine and coastal resources, fisheries

Alternate Title(s) of Bill HR 5375

E. Cooper Brown Ocean Clean Energy Act of 2019
To amend the Internal Revenue Code of 1986 to allow the energy credit for certain ocean thermal energy equipment.
E. Cooper Brown Ocean Clean Energy Act of 2019

Comments

Sponsors and Cosponsors of HR 5375

Tulsi Gabbard
Tulsi Gabbard
HawaiiDemocrat
Ed Case
Ed Case
HawaiiDemocrat

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