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S 822 110th Congress Senate Energy Administrative procedure Air conditioning Alternative energy sources Apartment houses Building construction Cogeneration of electric power and heat Commerce Computer software Department of Energy Employee training Energy conservation Energy efficiency Fuel cells Government Operations and Politics Heat pumps Heating Housing and Community Development Income tax Investment tax credit

EXTEND the Energy Efficiency Incentives Act of 2007

Introduced: March 8, 2007 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 2007
Read twice and referred to the Committee on Finance.
Mar 8, 2007
Sponsor introductory remarks on measure. (CR S2918-2919)
Mar 8, 2007
Introduced in Senate
 Plain-English summary Congressional Research Service

EXTEND the Energy Efficiency Incentives Act of 2007 - Amends the Internal Revenue Code to: (1) to allow individual taxpayers a tax credit, through 2011, for residential energy efficiency expenditures certified to achieve certain levels of energy savings; (2) modify standards for nonbusiness energy property (i.e., air conditioners, heat pumps, water heaters, etc.) and extend the tax credit for such property through 2011; (3) revise the tax credit for solar electric and hot water property to include all technologies for solar-derived electricity; (4) extend through 2011 the tax credit for new energy efficient homes; (5) extend through 2014 the tax deduction for energy efficient commercial buildings and increase the maximum amount of such deduction; (6) allow tax deductions for energy efficient low-rise buildings used for multifamily housing and for energy efficient property expenditures; (7) extend through 2011 the investment tax credit for solar energy and fuel cell property; and (8) allow a business-related tax credit for qualified training and certification costs and equipment expenditures for certifying residential energy savings.

What's happening now March 8, 2007

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1