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H.R. 6403

BillFederalHouseIn Committee
MADE Act of 2012
About This Bill
Committee
Latest Action · September 14, 2012
Referred to the Subcommittee on Energy and Power.
Congress
112th (2011–2013)
Introduced
September 13, 2012
Cosponsors (0)
None
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Summary

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Manufacturing Assistance Driving Efficiency Act of 2012 or MADE Act of 2012 - Directs the Secretary of the Treasury to provide grants to manufacturers who place energy efficient commercial building property in service: (1) during 2012 or 2013; or (2) after 2013 and before 2016, provided the construction of such property began during 2012 or 2013. Limits such a grant to: (1) the basis of such property, or (2) 50% of any excess of the rate to be paid under a power purchase agreement for renewable energy resources for use in such property over the standard electrical rate, and (3) the allowable income tax deduction for the cost of energy efficient commercial building property placed in service during a taxable year.

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