H.R. 2657: POWER Act
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H.R. 2657: POWER Act
114th Congress · introduced 2015-06-04 · Taxation · Latest: Referred to the House Committee on Ways and Means.
federal
Follow this bill, step by step
- Where it came from: introduced 2015-06-04 · official record
- Who proposed it: Rep. Reed, Tom [R-NY-23] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the House Committee on Ways and Means. 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
POWER Act
Plain summary
Power Efficiency and Resiliency Act or the POWER Act Amends the Internal Revenue Code to: (1) allow a 30% energy tax credit for combined heat and power system property and increase the capacity limitations for such property, (2) extend until December 31, 2018, the placed-in-service deadline for such property, and (3) allow a 30% energy tax credit for waste heat to power property (property comprising a system generating electricity through the recovery of a qualified waste heat resource) placed in service before January 1, 2019. Includes within the definition of "qualified waste heat resource": (1) exhaust heat or flared gas from any industrial process; (2) waste gas or industrial tail gas that would otherwise be flared, incinerated, or vented; and (3) a pressure drop in any gas for an industrial or commercial process. Excludes from such definition any heat resource from a process the primary purpose of which is the generation of electricity utilizing a fossil fuel or nuclear energy.
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.
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The strongest published arguments
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Reed, Tom [R-NY-23] · 47 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Peter Welch (D-VT), Mark E. Amodei (R-NV), Dina Titus (D-NV), Kathy Castor (D-FL), Michael K. Simpson (R-ID), Joyce Beatty (D-OH), Richard E. Neal (D-MA), Ted Lieu (D-CA), Betty McCollum (D-MN), Paul Tonko (D-NY), Mike Thompson (D-CA), Darin LaHood (R-IL), Elise M. Stefanik (R-NY), Chellie Pingree (D-ME)
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.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr2657.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>
Record fed-us-cong114-hr2657 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114