summary
Introduced
07/25/2019
07/25/2019
In Committee
07/25/2019
07/25/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to amend the Internal Revenue Code of 1986 to provide for an extension of the energy credit and the credit for residential energy efficient property. This bill extends the energy tax credit for certain renewable resources and the credit for residential energy efficient property for five years.
AI Summary
This bill extends the energy tax credit for certain renewable resources and the credit for residential energy efficient property for five years. Specifically, it extends the energy credit under section 48 of the Internal Revenue Code for solar energy property, fiber-optic solar, qualified fuel cell, and qualified small wind energy property until January 1, 2027. It also extends the credit for residential energy efficient property under section 25D of the Code until December 31, 2026. The bill includes phaseout provisions for the credits, gradually reducing the percentage of the credits over time.
Committee Categories
Budget and Finance
Sponsors (21)
Catherine Cortez Masto (D)*,
Tammy Baldwin (D),
Michael Bennet (D),
Richard Blumenthal (D),
Cory Booker (D),
Chris Coons (D),
Dianne Feinstein (D),
Kirsten Gillibrand (D),
Kamala Harris (D),
Maggie Hassan (D),
Amy Klobuchar (D),
Patrick Leahy (D),
Ed Markey (D),
Jeff Merkley (D),
Jack Reed (D),
Jacky Rosen (D),
Kyrsten Sinema (I),
Tina Smith (D),
Tom Udall (D),
Chris Van Hollen (D),
Sheldon Whitehouse (D),
Last Action
Read twice and referred to the Committee on Finance. (on 07/25/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/2289/all-info |
| BillText | https://www.congress.gov/116/bills/s2289/BILLS-116s2289is.pdf |
| Bill | https://www.congress.gov/116/bills/s2289/BILLS-116s2289is.pdf.pdf |
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