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Bill > S3140


US S3140

US S3140
Clean Energy for All Homes Act


summary

Introduced
11/02/2021
In Committee
11/02/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to make the credit for residential energy efficient property refund- able, and for other purposes.

AI Summary

This bill, the Clean Energy for All Homes Act, aims to make the credit for residential energy-efficient property refundable starting in 2023. The bill also requires that such property be installed by a "qualified installer" who provides the taxpayer with a unique identification number and makes periodic reports to the IRS. The bill includes conforming amendments to the tax code to account for the new requirements. Overall, the goal of the bill is to increase the accessibility and use of residential energy-efficient technologies by making the associated tax credit refundable and implementing installer requirements to prevent fraud.

Committee Categories

Budget and Finance

Sponsors (15)

Last Action

Committee on Banking, Housing, and Urban Affairs. Hearings held. (on 05/18/2022)

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