PDF _ RL33831 - Energy Efficiency and Renewable Energy Legislation in the 110th Congress
29-Sep-2008; Fred Sissine, Lynn J. Cunningham, and Mark Gurevitz; 184 p.

Update: Previous releases:
September 29, 2008
June 13, 2008
February 8, 2008
October 5, 2007
June 1, 2007
(/NLE/CRSreports/07Jun/RL33831.pdf)
May 1, 2007 (Updated on June 1, 2007)

Abstract: This report reviews the status of energy efficiency and renewable energy legislation introduced during the 110th Congress. Most action in the second session is focused on the FY2009 budget request and legislation that would extend or modify selected renewable energy and energy efficiency tax incentives.

A cloture motion has been filed in the Senate on the motion to proceed to H.R. 6049. The energy tax provisions of the proposed Senate substitute to H.R. 6049 (Energy Independence and Tax Relief Act) contain longer extensions for solar credits, but are otherwise nearly identical to the energy tax provisions of H.R. 6049. The House approved H.R. 6049 by a vote of 263 to 160. It would extend or reestablish tax incentives to support renewable electricity production, biofuels production, transportation efficiency and conservation, buildings efficiency, and equipment efficiency. The Administration has threatened to veto H.R. 6049, due to its proposal to generate revenue offsets from a tax change for deferred compensation in offshore companies and delayed relaxation of a foreign tax credit limit.

The proposed Clean Energy Tax Stimulus Act appears as Title X of the Senatepassed Foreclosure Prevention Act (H.R. 3221[S. 2821]/H.R. 5984). For renewables, the bill would extend or modify the production tax credit, the business solar tax credit, the residential solar tax credit, and the clean renewable energy bonds (CREBs). For energy efficiency, it would extend or modify the credit for existing homes, the credit for new homes, the commercial building deduction, and the appliance credit for manufacturers. S. 2886 (Title IV) contains the same eight incentives, but with more limited extension periods and absent some credit expansions in H.R. 3221. Neither H.R. 3221 nor S. 2886 contains revenue offsets.

DOE’s FY2009 budget request seeks $1,256.1 million for Energy Efficiency and Renewable Energy (EERE) programs, compared to $1,722.4 million for FY2008.

The Climate Security Act (S. 3036) failed on a cloture vote. It would have established a cap-and-trade system to reduce greenhouse gas emissions. Eight of the bill’s 17 titles contain provisions for energy efficiency and/or renewable energy.

The enacted “2008 Farm Bill” extends, expands, and adds to several energy efficiency and renewable energy provisions of the Farm Security Act of 2002.

More than 450 bills on energy efficiency and renewable energy have been introduced. About one-third of these bills are focused on renewable fuels and about one-third would provide a tax incentive for investment, energy production, fuel use, or fuel reduction. For each bill listed in this report, a brief description and a summary of action are given, including references to committee hearings and reports. Also, a selected list of congressional hearings, CRS reports, and Government Accountability Office (GAO) documents on energy efficiency and renewable energy are included. This report will be updated periodically.

 [read report]

Topics: Energy, Government, Legislative

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