Bill

Bill > HR5159


US HR5159

US HR5159
Empowering Homeowners Energy Efficiency Act of 2019


summary

Introduced
11/19/2019
In Committee
11/19/2019
Crossed Over
Passed
Dead
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)

Last Action

Referred to the House Committee on Ways and Means. (on 11/19/2019)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...