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H.R. 2828: New Apollo Energy Act of 2005

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H.R. 2828: New Apollo Energy Act of 2005

109th Congress · introduced 2005-06-09 · Energy · Latest: Sponsor introductory remarks on measure. (CR H4207)

federal

Follow this bill, step by step

  1. Where it came from: introduced 2005-06-09 · official record
  2. Who proposed it: Rep. Inslee, Jay [D-WA-1] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Sponsor introductory remarks on measure. (CR H4207) Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

New Apollo Energy Act of 2005

Plain summary

New Apollo Energy Act of 2005 - Establishes the New Apollo Energy Act Performance Goals, which the President shall consider when formulating and enforcing national energy policy. Instructs the Secretary of Energy to coordinate the participation of National Laboratories, universities, commercial industry, and other organizations in implementing this Act. Sets forth technology research programs concerning: (1) clean energy; (2) energy efficiency; (3) fusion energy; and (4) ultra-deepwater and extended reach drilling and carbon sequestration technologies. Creates tax incentives, in the form of tax credits and deductions from grosss income, for new technologies. Sets forth a federal framework for support of diverse energy technology initiatives. Directs the President to fill the Strategic Petroleum Reserve to full capacity and ensure that the fill rate minimizes impacts on petroleum markets. Amends the Commodity Exchange Act to grant the Commodity Futures Trading Commission jurisdiction over energy trading markets and metals trading markets. Sets forth federal assistance programs covering weatherization and energy efficient housing. Sets forth a national net metering requirement for utilities and interconnection standards for distributive energy generation. Sets forth initiatives to reduce greenhouse gases including: (1) federal climate change research; (2) national greenhouse gas database; (3) market-driven greenhouse gas reductions; and (4) emission reduction requirements and allocation and use of tradeable allowances. Establishes the Climate Change Credit Corporation to use the tradeable allowances, and proceeds derived from its trading activities in tradeable allowances, to reduce costs borne by consumers as a result of the greenhouse gas reduction requirements. Amends the Clean Air Act to set forth a renewable fuel program. Sets forth a program of loan guarantees for biorefineries and renewable electricity generation facilities. Balanced Energy Supply Tax Policy Act of 2005 - Amends the Internal Revenue Code of 1986 to: (1) limit tax reductions to revenue raised by tax offsets; and (2) deny treaty benefits for certain deductible payments. Prescribes guidelines governing the: (1) doctrine of economic substance; (2) penalty for understatements attributable to transactions lacking economic substance; and (3) understatement of taxpayer's liability by income tax return preparer.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

New Apollo Energy Act of 2005

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Inslee, Jay [D-WA-1] · 43 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Chris Van Hollen (D-MD), Rick Larsen (D-WA), Janice D. Schakowsky (D-IL), Tammy Baldwin (D-WI), Adam Smith (D-WA), Jerrold Nadler (D-NY), James P. McGovern (D-MA), Bernard Sanders (I-VT), Doris O. Matsui (D-CA), Lloyd Doggett (D-TX), Betty McCollum (D-MN), Adam B. Schiff (D-CA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Ballot initiative
A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.
Jurisdiction
The area or the matters a government or court has authority over.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong109-hr2828 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109