S 993
111th Congress
Senate
Taxation
Energy efficiency and conservation
Income tax credits
Lighting and heating
Lighting, heating, cooling
Residential rehabilitation and home repair
A bill to amend the Internal Revenue Code of 1986 to allow a credit against income tax for the installation of residential micro-combined heat and power property.
Introduced: May 7, 2009
Introduced by:
Schumer, Charles E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 7, 2009
Read twice and referred to the Committee on Finance.
May 7, 2009
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to make qualified micro-combined heat and power property expenditures eligible for the 30% tax credit for residential energy efficient property expenditures. Defines "qualified micro-combined heat and power property expenditures" as expenditures for a residential heating and electrical power generating system that has a fuel use efficiency rating of not less than 80% and operates with a rated capacity of at least 1, but not more than 30, kilowatts of electricity.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1