A bill to amend the Internal Revenue Code of 1986 to allow credits for the installation of energy efficiency home improvements, and for other purposes.

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Bill Number

S 1873

Introduced

Dec 20, 2001

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Air conditioning Business income tax Commerce Computer software Condominium (Housing) Construction industries Cooperative housing Electric appliances Energy Energy efficiency Government Operations and Politics Government publicity Heating Home repair and improvement Housing and Community Development Income tax Mobile homes Paints and varnishes Personal income tax Residential energy conservation Residential rehabilitation Science, Technology, Communications Tax credits Tax deductions Tax returns Taxation Thermal insulation

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Votes

Summary

Amends the Internal Revenue Code to provide that, in the case of an individual, there shall be allowed a limited tax credit (up to $2,000 a dwelling) for qualified energy efficiency home improvements.

Provides, for a business, a limited (up to $2,000 a dwelling) new energy efficient home credit for energy efficient property installed during the construction of a home.

Actions

Dec 20, 2001

Read twice and referred to the Committee on Finance.
Dec 20, 2001

Introduced in Senate

Amendments

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