HR 6244
98th Congress
House
Taxation
Energy
Energy conservation
Energy tax credits
Housing and Housing Finance
Income tax
Residential energy conservation
Tax credits
Residential Energy Conservation Tax Credit Act of 1984
Introduced: September 13, 1984
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 13, 1984
Referred to House Committee on Ways and Means.
Sep 13, 1984
Introduced in House
Plain-English summary
Residential Energy Conservation Tax Credit Act of 1984 - Amends the Internal Revenue Code to extend the income tax credit for residential energy conservation expenditures for five years (from 1985 to 1990).
Revises the method of calculating the amount of such credit. Reduces the maximum amount of the expenditures which may be taken into account from $2,000 to $1,000. Increases the percentage of the expenditures which may be taken into account from 15 to 40 percent.
Phases out such credit for taxpayers with an adjusted gross income in excess of $30,000.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1