Bill
Bill > HR3907
US HR3907
US HR3907To amend the Internal Revenue Code of 1986 to extend for one year the credit for solar energy property.
summary
Introduced
11/03/2015
11/03/2015
In Committee
11/03/2015
11/03/2015
Crossed Over
Passed
Dead
01/03/2017
01/03/2017
Introduced Session
114th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to extend for one year the credit for solar energy property. This bill amends the Internal Revenue Code to extend through 2017 the energy tax credit for investment in solar energy property.
AI Summary
This bill extends for one year the energy tax credit for investment in solar energy property, meaning that individuals and businesses can continue to claim this credit for solar energy property placed in service through December 31, 2017, rather than having the credit expire at the end of 2016. The Internal Revenue Code of 1986 is the body of federal tax law in the United States, and the "credit for solar energy property" is a tax incentive designed to encourage the adoption of solar power by reducing the cost of installing solar energy systems. This extension is intended to provide continued support for renewable energy development.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to the House Committee on Ways and Means. (on 11/03/2015)
Official Document
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