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National
Key Vote
Renewable Energy and Energy Conservation Tax Act of 2007
Project Vote Smart's Synopsis:
Vote to pass a bill that establishes regulations and economic incentives to increase renewable energy technology and production in the United States.
Highlights:
-Defines a retail electric supplier as a supplier that sells at least 1 million megawatt-hours of electricity for non-resale use, but excludes suppliers that are operated by the government or by rural electric cooperatives (sec. 9611).
-Requires 15% of energy produced by retail electrical suppliers to be generated from renewable energy sources by 2020 (Sec. 9611).
-Allows the Governor of any state to petition the Secretary of Energy to allow up to 25% of the renewable energy requirement to be met by purchasing energy efficiency credits (Sec. 9611).
-Repeals the tax deduction for income attributable to oil or natural gas (Sec. 13001).
-Increases development loan limits for companies undergoing projects designed to reduce energy consumption by at least 10 percent (Sec. 3003).
-Authorizes grants up to $300,000 under the Small Business Sustainability Initiative to provide support to smaller and medium sized businesses to improve environmental performance (Sec. 3005).
-Establishes the Advanced Research Projects Agency (ARPA-E) within the Department of Energy to develop energy technologies that result in reductions in energy imports and greenhouse gas emissions (Sec. 4001).
-Requires the President to establish an interagency United States Global Change Research Program to develop scenarios for climate change and convene regional workshops to facilitate information exchange among experts (Sec. 4614).
-Authorizes loan guarantees of up to $1 billion to assist in the development and construction of bio-refineries and bio-fuel production plants (Sec. 5003).
-Requires Federal agencies to purchase light or medium-duty passenger vehicles that have been designated by the Environmental Protection Agency (EPA) as low greenhouse-gas emitting vehicles (Sec. 6201).
-Requires on-shore oil operators operating a lease under the Mineral Leasing Act to restore any impacted land to its previous conditions, and to replace contaminated water supplies (Sec. 7222-7223).
-Authorizes $850 million a year in future appropriated funds to reduce fares and expand services for public transportation, including $750 million a year for grants to urbanized areas and $100 million for grants to non-urbanized areas (Sec. 8201).
-Authorizes $10 million a year in future appropriated funds for grants to railroad carriers and state and local governments for assistance in purchasing hybrid locomotives (Sec. 8301).
-Requires the Secretary of Energy to issue regulations prohibiting the sale of 100 watt general service incandescent lamps after January 1, 2012, unless they emit at least 60 lumens per watt (Sec. 9021).
-Requires the development of fuel standards for diesel fuel containing 20 percent bio-diesel if the American Society for Testing and Materials has not developed standards within a year (Sec. 9307).
-Allows a base tax credit for plug-in hybrid vehicles equal to the sum of $4,000 with additional credits for battery capacity, not to exceed an additional $2,000 (Sec. 12001).
-Phases out the hybrid tax credit the first year that the number of hybrid vehicles sold is at least 60,000 (Sec. 12001).
-Authorizes a credit for any qualified cellulosic alcohol fuel producer of 50 cents for each gallon of cellulosic fuel produced (Sec. 12004).
Link to Legislation: http://thomas.loc.gov/cgi-bin/query/z?c110:hr3221:
House Passage: 08/04/2007 : Bill Passed 241 - 172 (Roll no. 832) Senate Passage With Amendment: 04/10/2008 : Bill Passed: 84 - 12 (Record Vote Number 96)
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY. House Amendment Vote: 05/08/2008 : Amendment Adopted: 266 - 154 (Roll no. 301) House Amendment Vote: 05/08/2008 : Amendment Adopted: 322 - 94 (Roll no. 302) House Amendment Vote: 05/08/2008 : Amendment Adopted 256 - 160 (Roll no. 303) House Concurrence Vote With Amendment: 07/23/2008 : Concurrence Vote Passed: 272 - 152 (Roll no. 519) Senate Concurrence Vote: 07/26/2008 : Concurrence Vote Passed: 72 - 13 (Record Vote Number 186) President Passage: 07/30/2008 : Signed Became Public Law Number 110-289
Sponsor: Rep. Pelosi, Nancy (D-CA)
Cosponsors: Rep. Becerra, Xavier (D-CA)
Rep. Clyburn, James (D-SC)
Rep. DeLauro, Rosa (D-CT)
Rep. Dingell, John (D-MI)
Rep. Emanuel, Rahm (D-IL) (out of office)
Rep. Gordon, Bart (D-TN)
Rep. Hoyer, Steny (D-MD)
| Rep. Lantos, Tom (D-CA) (out of office)
Rep. Larson, John (D-CT)
Rep. Markey, Edward (D-MA)
Rep. Miller, George (D-CA)
Rep. Oberstar, James (D-MN)
Rep. Peterson, Collin (D-MN)
Rep. Rahall, Nick II (D-WV)
| Rep. Rangel, Charles (D-NY)
Rep. Van Hollen, Christopher Jr. (D-MD)
Rep. Velázquez, Nydia (D-NY)
Rep. Waxman, Henry (D-CA)
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PVS provides summaries for each version of the bill selected as a key vote. The summary does not necessarily reflect the final version of the bill. For further status information, call the Voter's Research Hotline at 1-888-VOTE-SMART (1-888-868-3762).
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