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Main Subject: Taxation

Innovative Energy Manufacturing Act of 2021

This bill provides for additional annual allocations, in 2022 through 2026, of the qualifying advanced energy project tax credit. A qualifying advanced energy project is a project that reequips, expands, or establishes a manufacturing facility for the production of energy from alternative sources, including solar, wind, or other renewable resources.

The Department of the Treasury must report to Congress by the end of 2027 on domestic job creation attributable to the credit allocations made by this bill.

House floor actions Actions

IntroReferral
Jan. 28 2021	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Jan. 28 2021	Introduced in House Introduced in House

House bill HR507-117

Innovative Energy Manufacturing Act of 2021

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