Bill

Bill > S2595


US S2595

US S2595
New Home Energy Efficiency Act


summary

Introduced
10/15/2019
In Committee
10/15/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to amend the Internal Revenue Code of 1986 to extend and update the new energy efficient home credit. This bill reinstates and extends the new home energy efficiency tax credit through 2022. It also increases to $2,500 in 2021 and through 2022, the amount of such credit for new homes meeting the revised energy efficiency standards set forth in the bill.

AI Summary

This bill reinstates and extends the new home energy efficiency tax credit through 2022. It increases the amount of the credit to $2,500 in 2021 and 2022 for new homes meeting revised energy efficiency standards. The bill also updates the energy efficiency requirements for the credit, including defining the "2018 IECC" energy efficiency standards and modifying the criteria for the credit.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Read twice and referred to the Committee on Finance. (on 10/15/2019)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...