Bill
Bill > HR3902
US HR3902
US HR3902To amend the Internal Revenue Code of 1986 to extend for one year the credit for combined heat and power system 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 combined heat and power system property. This bill amends the Internal Revenue Code to extend through 2017 the energy tax credit for investment in combined heat and power system property.
AI Summary
This bill amends the Internal Revenue Code of 1986 to extend for one year the energy tax credit for investment in combined heat and power (CHP) system property, which are systems that simultaneously produce electricity and useful thermal energy from a single fuel source. Specifically, it changes the expiration date for this credit from January 1, 2017, to January 1, 2018, meaning that property placed in service after December 31, 2016, and before January 1, 2018, will be eligible for this tax credit.
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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