Linear Generator Parity Act

S. 329 · 116th Congress · Feb 5, 2019 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to include fuel cells using electromechanical processes for purposes of the energy tax credit.

This Act may be cited as the “Linear Generator Parity Act”.

(a)

In general— Paragraph (1) of section 48(c) of the Internal Revenue Code of 1986 is amended—

(1)

in subparagraph (A)(i), by inserting “or electromechanical” after “electrochemical”, and

(2)

in subparagraph (C)—

(A)

by inserting “, or linear generator assembly,” after “a fuel cell stack assembly”, and

(B)

by striking “electrochemical means” and inserting “electrochemical or electromechanical means without the use of rotating parts”.

(b)

Effective date— The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.