S 3183
112th Congress
Senate
Taxation
Alternative and renewable resources
Buy American requirements
Energy efficiency and conservation
Income tax credits
Manufacturing
Residential rehabilitation and home repair
A bill to amend the Internal Revenue Code of 1986 to require the use of domestic property to be eligible for certain tax incentives for solar energy.
Introduced: May 15, 2012
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 15, 2012
Read twice and referred to the Committee on Finance.
May 15, 2012
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code, with respect to the tax credits for residential energy efficient property and for investment in energy property, to require that either: (1) more than 70% of the components of property using solar energy either to heat, illuminate, or generate electricity for a taxpayer's residence for which a credit is claimed are made in the United States, or (2) more than 50% of the components of such property are made in the United States and the final point of manufacture of such property is in the United States.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1