HR 1421
109th Congress
House
Taxation
Commerce
Electric appliances
Energy
Energy conservation
Energy efficiency
Foreign Trade and International Finance
Foreign corporations
Gas appliances
Income tax
Manufacturing industries
Refrigeration
Tax credits
Resource Efficient Appliance Incentives Act of 2005
Introduced: March 17, 2005
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2005
Referred to the House Committee on Ways and Means.
Mar 17, 2005
Introduced in House
Plain-English summary
Resource Efficient Appliance Incentives Act of 2005 - Amends the Internal Revenue Code to allow a business tax credit for the production of certain household appliances (clothes washers, dishwashers, and refrigerators) with a specified energy efficiency rating. Imposes an aggregate limitation of $75 million on such credit for all taxable years ($35 million for certain other appliances), and an annual limitation based on taxpayer gross receipts (two percent of taxpayer average annual gross receipts for the three previous taxable years).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1