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Code · BILL · 114th Congress · S. 2089 (Placed on Calendar Senate) — To provide for investment in clean energy, to empower and protect consumers, to modernize energy infrastructure, to c... · Sec. 2171

Sec. 2171. Report

146 words·~1 min read·/bill/114/s/2089/pcs/section-2171

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Not later than 1 year before the date on which the credits under sections 45L, 45S, 45T, 48E, 179D, and 179F of the Internal Revenue Code of 1986 expire, the Secretary, in consultation with the Secretary of Treasury, shall submit to the Committees on Finance and Energy of the Senate and the Committees on Natural Resources, Ways and Means, and Energy and Commerce of the House of Representative a report on whether continuation of the credits under sections 45L, 45S, 45T, 48E, 179D, and 179F of the Internal Revenue Code of 1986 remains necessary to achieve the carbon savings goal described in section 3001(1).
In preparing the report required under subsection (a), the Secretary shall consider— regional differences in energy prices; the innovation and diffusion of new technologies; and the interaction between the credits and other Federal and State incentives for renewable and conventional energy sources.
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