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HR 4297 110th Congress House Taxation Electric appliances Energy Energy conservation Energy efficiency Heating Housing and Community Development Income tax Industrial buildings Petroleum Public Lands and Natural Resources Solar energy Tax credits Tax deductions Tax refunds

To amend the Internal Revenue Code of 1986 to extend certain expiring energy conservation provisions and to provide a tax credit for certain individuals using home heating oil.

Introduced: December 5, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 2007
Referred to the House Committee on Ways and Means.
Dec 5, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to extend through 2012: (1) the tax deduction for energy efficient commercial buildings; (2) the tax credit for new energy efficient homes; (3) the tax credit for nonbusiness energy property; and (4) the tax credit for residential energy efficient property.

Allows a $500 refundable tax credit ($1,000 in the case of a joint tax return) in 2008 for certain low-income individual taxpayers who have a principal place of abode in the United States and who use heating oil as the primary source of energy for heating such abode.

What's happening now December 5, 2007

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1