summary
Introduced
11/19/2019
11/19/2019
In Committee
11/19/2019
11/19/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to include home energy audits in the nonbusiness energy property credit. This bill amends the Internal Revenue Code to expand the tax credit for nonbusiness energy property to include a credit for home energy audits. The amount of such credit is 30% of the cost of a home energy audit, not to exceed $150. The bill defines "home energy audit" to mean an inspection and written report for a dwelling owned and used by a taxpayer as the taxpayer's principal residence. The audit must identify the most significant and cost-effective energy efficiency improvements for such dwelling, including an estimate of the energy and cost savings for each improvement, and be conducted and prepared by a certified home energy auditor.
AI Summary
This bill amends the Internal Revenue Code to expand the tax credit for nonbusiness energy property to include a credit for home energy audits. The credit amount is 30% of the cost of a home energy audit, up to $150. The bill defines "home energy audit" as an inspection and written report that identifies the most significant and cost-effective energy efficiency improvements for a taxpayer's principal residence, including an estimate of the energy and cost savings for each improvement. The audit must be conducted and prepared by a certified home energy auditor. The amendments made by this bill apply to amounts paid or incurred after December 31, 2019.
Committee Categories
Budget and Finance
Sponsors (11)
Gwen Moore (D)*,
Don Beyer (D),
Earl Blumenauer (D),
Danny Davis (D),
Lloyd Doggett (D),
Dwight Evans (D),
Jimmy Gomez (D),
Steven Horsford (D),
Jimmy Panetta (D),
Linda Sánchez (D),
Tom Suozzi (D),
Last Action
Referred to the House Committee on Ways and Means. (on 11/19/2019)
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/house-bill/5159/all-info |
| BillText | https://www.congress.gov/116/bills/hr5159/BILLS-116hr5159ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr5159/BILLS-116hr5159ih.pdf.pdf |
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