To establish a research and demonstration program to promote cofiring of natural gas and coal in certain boilers and to provide federal funding and tax incentives to carry out the program.
Cofiring Promotion Act of 1989 - Directs the Secretary of Energy to: (1) establish and implement a research and demonstration program for cofiring natural gas with coal in utility and large industrial boilers; and (2) enter into cooperative agreements with appropriate parties for demonstrating cofiring technology. Authorizes appropriations.
Amends the Internal Revenue Code to: (1) include cofiring activities within the scope of the research and development income tax credit; (2) apply the accelerated cost recovery system to cofiring equipment; and (3) exclude depreciation associated with cofiring equipment from taxable income under the alternative minimum tax.
Introduced in House
Introduced in House
Referred to the House Committee on Science, Space and Technology.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Energy Research and Development.
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