H.R. 7239: American Energy, American Innovation Act of 2008
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H.R. 7239: American Energy, American Innovation Act of 2008
110th Congress · introduced 2008-09-29 · Energy · Latest: Referred to the Subcommittee on Energy and Mineral Resources.
federal
Follow this bill, step by step
- Where it came from: introduced 2008-09-29 · official record
- Who proposed it: Rep. Udall, Mark [D-CO-2] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Energy and Mineral Resources. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
American Energy, American Innovation Act of 2008
Plain summary
American Energy, American Innovation Act of 2008 - Directs the Secretary of Energy to publish a plan for the sale and replacement of oil from the Strategic Petroleum Reserve (SPR). Amends the Commodity Exchange Act to extend the jurisdiction of the Commodity Future Trading Commission (CFTC) to energy commodities. Establishes the National Commission on Energy Independence in the legislative branch. Amends the Public Utility Regulatory Policies Act of 1978 to establish a national renewable electricity standard. Declares the sense of the Senate that by calendar 2030 the United States should be energy independent. Amends the Internal Revenue Code to establish a tax credit for qualified plug-in electric drive motor vehicles and fuel-efficient motor vehicles placed in service by a taxpayer. Directs the Secretary of Energy to conduct a program of alternative fuel transportation technology research, development, demonstration, and commercial application. Increases and revises the formula for corporate fuel economy standards. Prescribes tax credits and exclusions for: (1) enhancing the efficiency of specified conventional vehicles; (2) advanced coal and coal gasification (carbon mitigation) project investments; and (3) qualified energy conservation bonds. Extends tax credits for specified alternative fuels and biofuels and qualified green buildings and sustainable design projects. Prescribes renewable energy and geothermal tax incentives. Prohibits oil or natural gas leasing in any except specified areas of the Outer Continental Shelf (OCS), and only according to certain requirements. Directs the Secretary of the Interior to establish Federal OCS Joint Regional Permitting Offices. Amends the Energy Policy Act of 1992 to require the Secretary of Energy to carry out a coal innovation direct loan program. Authorizes appropriations to the Nuclear Regulatory Commission (NRC) to establish an additional 60 full-time equivalent positions to expedite and streamline the processing of applications for new nuclear plants. Establishes an interagency working group to make recommendations to coordinate federal government actions and programs to promote increasing domestic manufacturing capacity and export of domestic nuclear energy products and services. Amends the Internal Revenue Code to allow a tax credit for carbon dioxide sequestration. Offsets expenditures under this Act by terminating specified tax deductions and credits. Includes in gross income any compensation deferred under a nonqualified deferred compensation plan of a nonqualified entity when there is no substantial risk of forfeiture of the rights to such compensation.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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A “Yea” vote
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A “Nay” vote
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PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
American Energy, American Innovation Act of 2008
Source: Congressional Research Service summary (Introduced in House)
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Udall, Mark [D-CO-2] · 0 cosponsors
Cost estimate: No cost estimate published yet.
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 (3)
- Appropriation
- Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
- Bond
- A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.
- Jurisdiction
- The area or the matters a government or court has authority over.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-110hr7239.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/110/hr>
Record fed-us-cong110-hr7239 · catalog fed-us-congress-bills-cong110 · updated 2026-11-15 by psicol fed-bills-cong110