Bill
Bill > HR6824
US HR6824
US HR6824To amend the Internal Revenue Code of 1986 to establish a tax credit for qualified combined heat and power system property, and for other purposes.
summary
Introduced
12/17/2025
12/17/2025
In Committee
12/17/2025
12/17/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to establish a tax credit for qualified combined heat and power system property, and for other purposes.
AI Summary
This bill establishes a new tax credit for businesses that install qualified combined heat and power (CHP) systems, which are systems that simultaneously generate electricity or mechanical power and useful thermal energy (like heat or cooling) from a single energy source, meeting specific efficiency and output requirements. The credit will be equal to 10% of the cost of the CHP property placed in service, with potential increases of 10 percentage points for projects that meet domestic content requirements or are located in designated "energy communities." The bill defines CHP property, sets limits on the size of systems eligible for the credit (up to 50 megawatts), and specifies that the construction of the property must begin on or after January 1, 2025, to qualify for this new tax incentive, aiming to encourage the adoption of more efficient energy generation technologies.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on Ways and Means. (on 12/17/2025)
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/119th-congress/house-bill/6824/all-info |
| BillText | https://www.congress.gov/119/bills/hr6824/BILLS-119hr6824ih.pdf |
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