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H.R. 6756

BillFederalHouseIn Committee
Carbon Reduction Technology Bridge Act of 2008
About This Bill
Committee
Latest Action · July 31, 2008
Referred to the House Committee on Ways and Means.
Congress
110th (2007–2009)
Introduced
July 31, 2008
Cosponsors (4)
0D 4R
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Summary

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Carbon Reduction Technology Bridge Act of 2008 - Amends the Internal Revenue Code to allow: (1) seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit after 2007 and that reduce carbon dioxide emissions; (2) a tax credit for the production of electricity using closed-loop biomass co-fired with coal; (3) a tax credit for investment in qualified clean coal electric generation units; (4) a tax credit for investment in carbon dioxide capture, transport, and storage property which is part of a qualified coal-fired electric generation unit; and (5) a tax credit for investment in clean energy coal bonds.

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