US HB3515 | 2017-2018 | 115th Congress
Status
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Introduced on July 27 2017 - 25% progression, died in committee
Action: 2017-07-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 27 2017 - 25% progression, died in committee
Action: 2017-07-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
HEAT Act of 2017 HVAC Expensing and Technology Act of 2017 This bill amends the Internal Revenue Code to allow expensing and accelerated cost recovery for certain energy efficient heating and air-conditioning property. The bill applies to certain real property: (1) with respect to which depreciation (or amortization in lieu of depreciation) is allowable; (2) which is installed as part of the heating, cooling, ventilation, and hot water systems; and (3) which is within the scope of specified standards of the American Society of Heating, Refrigerating, and Air Conditioning Engineers and the Illuminating Engineering Society of North America.
Title
HEAT Act of 2017 HVAC Expensing and Technology Act of 2017
Sponsors
| Rep. Patrick Tiberi [R-OH] | Rep. Ron Kind [D-WI] | Rep. Jackie Walorski [R-IN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-27 | House | Referred to the House Committee on Ways and Means. |
| 2017-07-27 | House | Introduced in House |
Subjects
Business investment and capital
Energy efficiency and conservation
Income tax deductions
Lighting and heating
Taxation
Energy efficiency and conservation
Income tax deductions
Lighting and heating
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/3515/all-info |
| Text | https://www.congress.gov/115/bills/hr3515/BILLS-115hr3515ih.pdf |
