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Bill > HR3901


US HR3901

US HR3901
To amend the Internal Revenue Code of 1986 to extend for two years the credit for thermal energy property.


summary

Introduced
11/03/2015
In Committee
11/03/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to extend for two years the credit for thermal energy property. This bill amends the Internal Revenue Code to extend through 2018 the energy tax credit for investment in thermal energy property.

AI Summary

This bill extends for two years the tax credit for thermal energy property, which is a type of investment that helps capture and store heat for later use. Specifically, it amends the Internal Revenue Code of 1986 to push back the expiration date of this credit from January 1, 2017, to January 1, 2019, making it available for investments made during that extended period. This provision is intended to encourage continued investment in technologies that utilize thermal energy.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to the House Committee on Ways and Means. (on 11/03/2015)

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