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house Bill H.R. 2438

To amend the Internal Revenue Code of 1986 to provide a temporary bonus research credit for energy-related research.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Ways and Means
    IntroducedMay 14th, 2009

Bill Details

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Official Title

To amend the Internal Revenue Code of 1986 to provide a temporary bonus research credit for energy-related research.

Summary

Amends the Internal Revenue Code to allow a taxpayer election to increase the tax credit for research expenditures by 20% for qualified energy research expenses incurred in 2009 or 2010. Defines "qualified energy research expenses" to include research expenses related to fuel cell and battery technology, renewable energy, energy conservation technology, electric transmission and distribution, and carbon capture and sequestration.

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