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Bill > HR3051


US HR3051

US HR3051
CLEANER Buildings Act Commercial, Low Emissions And Net Energy Reduction Buildings Act


summary

Introduced
05/30/2019
In Committee
05/30/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to extend by 2 years the energy efficient commercial buildings deduction. This bill extends the tax deduction for energy efficient commercial buildings through December 31, 2019. (Under current law, the deduction expired after December 31, 2017.)

AI Summary

This bill, known as the Commercial, Low Emissions And Net Energy Reduction Buildings Act or the CLEANER Buildings Act, extends the tax deduction for energy-efficient commercial buildings through December 31, 2019. The bill amends the Internal Revenue Code to extend the energy-efficient commercial buildings deduction, which had expired on December 31, 2017 under previous law. This change allows businesses to continue claiming this tax deduction for qualifying energy-efficiency improvements to their commercial buildings for an additional two years.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Referred to the House Committee on Ways and Means. (on 05/30/2019)

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