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National
Key Vote
Alternative Energy Subsidies
Project Vote Smart's Synopsis:
Vote to invoke closure on an amendment to an amendment that provides tax credits for alternative energy.
NOTE: THIS IS AN AMENDMENT TO A SUBSTITUTE AMENDMENT. A SUBSTITUTE AMENDMENT REPLACES LANGUAGE WITH ITS OWN.
NOTE: INVOKING CLOTURE REQUIRES A THREE-FIFTHS MAJORITY OF THE SENATE. IT IS NOT A VOTE ON THE PASSAGE OF THE PIECE OF LEGISLATION, BUT RATHER LIMITS FURTHER DEBATE TO 30 HOURS. CLOTURE IS TYPICALLY USED TO END A FILIBUSTER. A FAILED CLOTURE VOTE OFTEN PREVENTS THE LEGISLATION FROM EVER COMING TO A VOTE.
Official Title of Legislation:
S Amdt 1704 to S Amdt 1502 to HR 6: To amend the Internal Revenue Code of 1986 to provide for energy advancement and investment, and for other purposes.
Highlights:
-Extends the renewable electricity, refined coal, and Indian coal production credit through Jan. 1, 2014 (sec. 801).
-Provides $3.6 billion for clean renewable energy bonds in 2008-2011 (sec. 802).
-Provides $3.8 billion in tax credits for advanced coal technology (sec. 810).
-Extends the Bio-Diesel income tax credit to Dec. 31, 2010 (sec. 825).
-Extends the alternative fuel credit to Dec. 31, 2012 (sec. 827).
-Provides a $2,500 tax credit for plug in electric vehicles, including an increased tax credit for larger electric vehicles and provisions for battery capacity (sec. 842).
-Extends the Energy Efficient Home tax credit to Dec. 31, 2011 (sec. 852).
-Includes tax credits for energy efficient appliances (sec. 854).
-Increases the oil spill liability trust fund tax to 10 cents and extends the tax to 2017 (sec. 883).
-Extends foreign ethanol tariff to 2011 (sec. 831).
Link to Legislation: http://thomas.loc.gov/cgi-bin/bdquery/z?d110:samdt1704:
Full Text of Legislation (PDF Document)
Senate Cloture Vote: 06/21/2007 : Cloture Not Invoked 57 - 36 (Record Vote Number 223)
NOTE: INVOKING CLOTURE REQUIRES A THREE-FIFTHS MAJORITY OF THE SENATE. IT IS NOT A VOTE ON THE PASSAGE OF THE PIECE OF LEGISLATION, BUT RATHER LIMITS FURTHER DEBATE TO 30 HOURS. CLOTURE IS TYPICALLY USED TO END A FILIBUSTER. A FAILED CLOTURE VOTE OFTEN PREVENTS THE LEGISLATION FROM EVER COMING TO A VOTE.
Sponsor: Sen. Baucus, Max (D-MT)
Cosponsors:
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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