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Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019
10/28/2022, 1:45 AM
Congressional Summary of HR 5409
Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019
This bill provides for tax credits for energy storage technologies, including a residential energy efficient property credit for battery storage technology expenditures.
Read the Full Bill
Current Status of Bill HR 5409
Bill HR 5409 is currently in the status of Bill Introduced since December 12, 2019. Bill HR 5409 was introduced during Congress 116 and was introduced to the House on December 12, 2019. Bill HR 5409's most recent activity was Referred to the House Committee on Ways and Means. as of December 12, 2019
Bipartisan Support of Bill HR 5409
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5409
Primary Policy Focus
TaxationPotential Impact Areas
- Alternative and renewable resources
- Business investment and capital
- Energy efficiency and conservation
- Energy storage, supplies, demand
- Income tax credits
- Residential rehabilitation and home repair
Alternate Title(s) of Bill HR 5409
Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019
To amend the Internal Revenue Code to provide tax credits for energy storage technology, and for other purposes.
Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019
Comments
Sponsors and Cosponsors of HR 5409
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