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H.R. 2971

BillFederalHouseIn Committee
Innovative Energy Systems Act of 2013
About This Bill
Committee
Latest Action · August 1, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
August 1, 2013
Sponsor
Rep. Paul TonkoD
Cosponsors (1)
1D 0R
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Summary

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Innovative Energy Systems Act of 2013 - Amends the Internal Revenue Code to allow an energy tax credit for highly efficient combined heat and power system property. Defines such property as property at an industrial, commercial, or institutional facility comprising a system that is placed in service before January 1, 2017, and that: (1) uses the same energy source for the simultaneous or sequential generation of electrical power, mechanical shaft power, or both, in combination with the generation of steam or other forms of useful thermal energy; and (2) has a system design that provides an energy efficiency percentage of at least 70%.

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