Key Votes
HR 6049 - Alternative Energy Tax Incentives - Key Vote
National Key Votes
Charlie Gonzalez voted Yea (Passage) on this legislation.
Read recent statements Charlie Gonzalez made in this general time period.
Stages
Family
Issues
Stage Details
Legislation - Cloture Not Invoked (Senate) (52-44) - June 17, 2008 (Key vote)
Title: Alternative Energy Tax Incentives
Vote to invoke cloture on the motion to take up debate on a bill that provides tax incentives for the production and use of alternative energy sources in addition to providing other tax incentives.
- Extends the renewable energy tax credit by one year for new wind facilities (Sec. 101).
- Extends the renewable energy tax credit by 3 years for new qualified closed-loop or open-loop biomass facilities, geothermal or solar energy facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities (Sec. 101).
- Designates marine and hydrokinetic renewable energy as being qualified energy resources eligible for the renewable energy tax credit (Sec. 102).
- Extends for 6 years the 30 percent energy tax credit for qualified fuel cell property and solar energy property and the 10 percent credit for microturbine property (Sec. 103).
- Extends the tax credit for certain new residential "energy efficient" property for 6 years and raises the total tax credit for new solar electric property from $2,000 to $4,000 (Sec. 104).
- Extends the research tax credit, restaurant property depreciation tax credits, and optional state sales tax deductions for one year (Secs. 221, 225, 201).
- Extends tax credits for biodiesel and renewable diesel used as fuel for one year, and raises the biodiesel credits and biodiesel mixture credits from 50 cents per gallon to $1 per gallon (Sec. 122).
- Provides an additional standard deduction for real property taxes for non-itemizers of up to $350 or $700 for a joint return (Sec. 301).
- Increases the child tax credit for low-income parents (Sec. 302).
- Delays tax code provisions that would allow companies to allocate interest on a worldwide basis for 10 years (Sec. 402).
- Mandates that compensation deferred under a nonqualified deferred compensation plan of a foreign corporation shall be includible in gross income in the absence of a substantial risk of forfeiture of rights to such compensation (Sec. 401).
NOTE: THIS IS A VOTE TO INVOKE CLOTURE ON A MOTION TO PROCEED, WHICH SENDS THE LEGISLATION TO THE FLOOR OF THE SENATE FOR DEBATE AND AMENDMENT. A MOTION TO PROCEED ALONE REQUIRES A MAJORITY FOR APPROVAL. HOWEVER, THE MOTION CAN BE FILIBUSTERED, AND WHEN THIS OCCURS, A CLOTURE VOTE IS NECESSARY TO VOTE ON THE MOTION TO PROCEED. A THREE-FIFTHS MAJORITY OF THE SENATE IS NECESSARY TO INVOKE CLOTURE.
Legislation - Bill Passed (House) (263-160) - May 21, 2008 (Key vote)
Title: Alternative Energy Tax Incentives
Vote to pass a bill that provides tax incentives for the production and use of alternative energy sources in addition to providing other tax incentives.
- Extends the renewable energy tax credit by one year for new wind facilities (Sec. 101).
- Extends the renewable energy tax credit by 3 years for new qualified closed-loop or open-loop biomass facilities, geothermal or solar energy facilities, small irrigation power facilities, landfill gas facilities, trash combustion facilities, and qualified hydropower facilities (Sec. 101).
- Designates marine and hydrokinetic renewable energy as being qualified energy resources eligible for the renewable energy tax credit (Sec. 102).
- Extends for 6 years the 30 percent energy tax credit for qualified fuel cell property and solar energy property and the 10 percent credit for microturbine property (Sec. 103).
- Extends the tax credit for certain new residential "energy efficient" property for 6 years and raises the total tax credit for new solar electric property from $2,000 to $4,000 (Sec. 104).
- Extends the research tax credit, restaurant property depreciation tax credits, and optional state sales tax deductions for one year (Secs. 221, 225, 201).
- Extends tax credits for biodiesel and renewable diesel used as fuel for one year, and raises the biodiesel credits and biodiesel mixture credits from 50 cents per gallon to $1 per gallon (Sec. 122).
- Provides an additional standard deduction for real property taxes for non-itemizers of up to $350 or $700 for a joint return (Sec. 301).
- Increases the child tax credit for low-income parents (Sec. 302).
- Delays tax code provisions that would allow companies to allocate interest on a worldwide basis for 10 years (Sec. 402).
- Mandates that compensation deferred under a nonqualified deferred compensation plan of a foreign corporation shall be includible in gross income in the absence of a substantial risk of forfeiture of rights to such compensation (Sec. 401).
Legislation - Introduced (House) - May 14, 2008
Title: Alternative Energy Tax Incentives
Sponsors
Co-sponsors
- Michael A. Arcuri (NY - D) (Out Of Office)
- Earl Blumenauer (OR - D)
- Joseph 'Joe' Crowley (NY - D)
- Artur Davis (AL - D) (Out Of Office)
- Gabrielle Giffords (AZ - D) (Out Of Office)
- John Hall (NY - D) (Out Of Office)
- Paul W. Hodes (NH - D) (Out Of Office)
- John B. Larson (CT - D)
- John R. Lewis (GA - D)
- James A. 'Jim' McDermott (WA - D)
- Gerald 'Jerry' McNerney (CA - D)
- Kendrick B. Meek Sr. (FL - D) (Out Of Office)
- Richard E. Neal (MA - D)
- Earl Pomeroy (ND - D) (Out Of Office)
- Carol Shea-Porter (NH - D) (Out Of Office)
- Christopher 'Chris' Van Hollen Jr. (MD - D)
- Peter F. Welch (VT - D)
