HR 5181
117th Congress
House
Taxation
Energy Efficient Commercial Buildings Act of 2021
Introduced: September 7, 2021
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 7, 2021
Referred to the House Committee on Ways and Means.
Sep 7, 2021
Introduced in House
Plain-English summary
Energy Efficient Commercial Buildings Act of 2021
This bill temporarily modifies the tax deduction for energy efficient commercial buildings for taxable years beginning after December 31, 2021, and before January 1, 2032. Among other provisions, the bill provides for a lower (25%) reduction of annual energy and power costs for certain energy systems, revises the maximum amount of the deduction, and allows an alternative deduction for costs relating to energy efficient retrofit building property.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1