118th Congress · HOUSE BILLBILL

H.R. 5807Making Imperiled Communities Resistant to Outages with Generation that is Resilient, Islandable, and Distributed Extension Act

To amend the Internal Revenue Code of 1986 to extend the energy credit with respect to microgrid controllers.

Taxation
Introduced Sep 28, 2023
Last action Sep 28, 2023
Pipeline · Bill → Law
Step 1
Introduced
Sep 28, 2023
Step 2
Referred
Sep 28, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill extends the energy investment tax credit for microgrid controllers for eight years.  Under current law, an energy investment tax credit of up to 30% of the cost of a microgrid controller is available provided construction of the microgrid controller begins on or before December 31, 2024. This bill extends the energy investment tax credit to include microgrid controllers where construction begins on or before December 31, 3032.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Sep 28, 2023
Introduced in House
Sep 28, 2023
Referred to the House Committee on Ways and Means.