Skip to main content
HR 5172 114th Congress House Taxation Alternative and renewable resources Income tax credits Lighting and heating Lighting, heating, cooling

To amend the Internal Revenue Code of 1986 to extend and phaseout the energy credit for certain property.

Introduced: May 6, 2016 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2016
Referred to the House Committee on Ways and Means.
May 6, 2016
Introduced in House
 Plain-English summary Congressional Research Service

This bill amends the Internal Revenue Code to extend and modify tax credits for investments in certain energy property.

The bill extends the tax credits to apply to investments in certain energy property with construction that begins before January 1, 2022. The extensions apply to investments in:

  • qualified fuel cell property,
  • qualified microturbine property,
  • combined heat and power system property,
  • qualified small wind energy property, and
  • thermal energy property.

The bill sets forth a schedule for reducing from 30% to 22% the credit rate for investments in qualified fuel cell property and small wind energy property.

What's happening now May 6, 2016

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1