Summary: This bill allows energy tax credits through 2021 for investments in (1) qualified biogas property, or (2) qualified manure resource recovery property. The bill also permits new clean renewable energy bonds to be used for such properties.
- “Qualified biogas property” comprises a system that (1) uses anaerobic digesters or other specified processes to convert biomass into a gas which is at least 52% methane, and (2) captures the gas for use as a fuel. The term includes property that cleans and conditions the gas for use as a fuel.
- “Qualified manure resource recovery property” comprises a system that uses specified processes to recover the nutrients nitrogen and phosphorus from a non-treated digestate or animal manure by reducing or separating at least 50% of the nutrients, excluding any reductions during the incineration, storage, composting, or field application of the non-treated digestate or animal manure. The term also includes certain processing equipment.
- The Department of the Treasury must enter into an agreement with the National Renewable Energy Laboratory for a study of biogas and report to Congress on the study. Cosponsors (Bipartisan)
ANGIE CRAIG’S POSITION: Representative Craig cosponsored the bill on 9/11/19.
INFORMATION RELATED TO THE BILL:
- “Wisconsin’s dairy farmers fuel our state’s overall economy to the tune of $43.4 billion a year,” said Rep. Ron Kind. “By providing these tax incentives, we are making it more affordable and accessible for Wisconsin dairy farmers to pursue biogas technology and ensuring they can continue to create jobs and grow their businesses, while protecting our natural resources. It’s just commonsense.” (Source: Rep. Kind, Press Release, 07/12/19)
July 17 – Washington, DC – The American Biogas Council, the trade association for the U.S. biogas industry, praises the recent reintroduction of the Agricultural Environmental Stewardship Act (H.R. 3744). The bill was introduced on July 12, 2019 by Congressmen Ron Kind (D-WI-3) and Tom Reed (R-NY-23). The bill will increase agricultural viability by helping to deploy new nutrient recovery and biogas systems that recycle organic material into baseload renewable energy and healthy soil products. The Act provides a 30 percent investment tax credit (ITC) for qualifying biogas and nutrient recovery systems. (Source: American BIOGAS Council)