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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Senate Committee on Finance
    IntroducedJanuary 13th, 2009

Bill Details

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Title

Community Revitalization Energy Conservation Act

Official Title

A bill to amend the Internal Revenue Code of 1986 to increase the national limitation on qualified energy conservation bonds and to clarify that certain programs constitute a qualified conservation purpose, and for other purposes.

Summary

Community Revitalization Energy Conservation Act - Amends the Internal Revenue Code to increase to $3.6 billion the national limitation on the issuance of qualified energy conservation bonds. Expands the purposes of green community programs to include the reduction of energy consumption in privately owned buildings and the recruiting and training of local workers in green community program jobs. Requires the Secretary of the Treasury to submit to Congress and publish in the Federal Register an annual report on projects for which qualified energy conservation bonds are issued. Provides for offsets to the cost of this Act by prohibiting FY2009 expenditures (except for program windup costs) and repealing multiyear procurement authority for the F-22A Raptor fighter aircraft.

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