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S. 1203

BillFederalSenateIn Committee
Climate Change Technology Tax Incentives Act of 2005
About This Bill
Committee
Latest Action · June 8, 2005
Read twice and referred to the Committee on Finance.
Congress
109th (2005–2007)
Introduced
June 8, 2005
Cosponsors (6)
1D 5R
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Summary

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Climate Change Technology Tax Incentives Act of 2005 - Amends the Internal Revenue Code to allow tax credits for: (1) investment in a greenhouse gas intensity reduction project; (2) production from advanced nuclear power facilities; and (3) investment in nuclear power facilities. Authorizes the issuance of tax-exempt facility bonds for nuclear power facilities. Expresses the sense of the Senate that: (1) the tax credit for electricity produced from certain renewable resources should be extended through 2010; and (2) the tax credit for increasing research activities should be increased and made permanent. Terminates the tax credits proposed by this Act after 2010.

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