Home Energy Assistance Tax Act - Amends the Internal Revenue Code to allow: (1) a tax credit equal to 50 percent of increased residential energy costs (defines such term); (2) a deduction for certain energy efficient property (defines such term) used in business; and (3) a credit to an individual equal to the sum of a determined amount for qualified energy property (defines such term) placed in service and a credit amount for a new highly efficient principal residence (defines such term).
Actions
Feb 8, 2001
Read twice and referred to the Committee on Finance.
Feb 8, 2001
Sponsor introductory remarks on measure. (CR S1224)