S. 3188Senate111th Congress (2009-2011)In Committee

American Renewable Biomass Heating Act of 2010

Introduced March 25, 2010

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2129)

March 25, 2010

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SenateIntro Referral

Introduced in Senate

March 25, 2010

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S2129)

March 25, 2010

SenateIntro Referral

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2129)

March 25, 2010

Floor Debate

8 members

What members said about S. 3188 on the floor

1 Republican7 Democrats
Richard J. Durbin
Sen. Richard J. DurbinD-IL · Mar 25, 2010

Mr. President, today I am introducing the Department of Justice Global Advisory Committee Authorization Act of 2010. This legislation will make it easier and less costly for local, state, tribal and…

Harry Reid
Sen. Harry ReidD-NV · Mar 25, 2010

Mr. President, I rise today with my good friend Senator Ensign to introduce the Elko Motocross and Tribal Conveyance Act of 2010. As you may know, the Federal Government manages more than 87 percent…

Lisa Murkowski
Sen. Lisa MurkowskiR-AK · Mar 25, 2010

Mr. President, I rise today to introduce legislation in the Senate that has already been introduced in the House of Representatives by Alaska Congressman Don Young to clarify federal mining law and…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Mar 25, 2010

Mr. President, as Chair of the Committee on Small Business and Entrepreneurship, I am pleased to join the Committee's Ranking Member, Senator Olympia Snowe of Maine, and my distinguished colleague…

Jeanne Shaheen
Sen. Jeanne ShaheenD-NH · Mar 25, 2010

Mr. President, I rise today to introduce legislation that will help grow the U.S. manufacturing base in alternative energy technologies, create jobs and help get our country running on clean energy.…

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Jeanne Shaheen
Sen. Jeanne ShaheenD-NH · Mar 25, 2010

Mr. President, I rise today to introduce legislation that will help grow the U.S. manufacturing base in alternative energy technologies, create jobs and help get our country running on clean energy.…

Thomas R. Carper
Sen. Thomas R. CarperD-DE · Mar 25, 2010

Mr. President, today, as Chairman of the Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, I introduce the Census Oversight…

Jeff Bingaman
Sen. Jeff BingamanD-NM · Mar 25, 2010

Mr. President, I am pleased to join Senator Warner and Senator Graham in introducing the Home Star Energy Retrofit Act of 2010. This legislation will save consumers money, create American skilled…

Barbara Boxer
Sen. Barbara BoxerD-CA · Mar 25, 2010

Mr. President, today, I am proud to join Senator Brownback in introducing bipartisan automotive right to repair legislation. Our bill, the Motor Vehicle Owners Right to Repair Act, allows consumers…

Bill Text

Latest available legislative text

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Introduced in SenateIssued March 25, 2010

II

111th CONGRESS

2d Session

S. 3188

IN THE SENATE OF THE UNITED STATES

March 25, 2010

Mrs. Shaheen (for herself, Ms. Murkowski, Mr. Begich, and Mr. Crapo) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to provide an investment tax credit for biomass heating property.

1.

Short title

This Act may be cited as the American Renewable Biomass Heating Act of 2010.

2.

Investment tax credit for biomass heating property

(a)

In general

Subparagraph (A) of section 48(a)(3) of the Internal Revenue Code of 1986 (defining energy property) is amended by striking or at the end of clause (vi), by inserting or at the end of clause (vii), and by inserting after clause (vii) the following new clause:

(viii)

biomass heating property, including boilers or furnaces which operate at output efficiencies greater than 75 percent and which provide thermal energy in the form of heat, hot water, or steam for space heating, air conditioning, domestic hot water, or industrial process heat, but only with respect to periods ending before January 1, 2014,

.

(b)

30 percent credit

Clause (i) of section 48(a)(2)(A) of the Internal Revenue Code of 1986 is amended by striking and at the end of subclause (III) and by inserting after subclause (IV) the following new subclause:

(V)

energy property described in paragraph (3)(A)(viii), and

.

(c)

Effective date

The amendments made by this section shall apply to periods after the date of the enactment of this Act, in taxable years ending after such date, under rules similar to the rules of section 48(m) of the Internal Revenue Code of 1986 (as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990).