S 1753
117th Congress
Senate
Taxation
Energy efficiency and conservation
Income tax credits
Lighting, heating, cooling
Residential rehabilitation and home repair
Home Energy Savings Act
Introduced: May 20, 2021
Introduced by:
Hassan, Margaret Wood
Democratic
· New Hampshire
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 20, 2021
Read twice and referred to the Committee on Finance.
May 20, 2021
Introduced in Senate
Plain-English summary
Home Energy Savings Act
This bill reinstates and extends through 2028 the tax credit for nonbusiness energy property. It increases the rate of such credit from 10% to 15% and raises the lifetime cap on such credit from $500 to $1,200.
The bill increases credit amounts for the investment in energy efficient building property (e.g., electric heat pump water heater, electric heat pump, central air conditioner, or natural gas, propane, or oil water heater) and provides for increased caps on investment in doors and windows in a residence.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1