US SB1093 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on May 26 2011 - 25% progression, died in committee
Action: 2011-05-26 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3433)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 26 2011 - 25% progression, died in committee
Action: 2011-05-26 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3433)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Solar Uniting Neighborhoods (SUN) Act of 2011 - Amends the Internal Revenue Code to: (1) expand the definitions of "qualified solar electric property expenditure" and "qualified solar water heating property expenditure" to allow a residential energy efficient property tax credit for solar energy property which is either installed in a taxpayer's residence or is located within 50 miles of such residence; and (2) exclude from gross income, for income tax purposes, gain from the sale or exchange of electricity generated by solar energy property eligible for such tax credit.
Title
Solar Uniting Neighborhoods (SUN) Act of 2011
Sponsors
| Sen. Mark Udall [D-CO] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-26 | Senate | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3433) |
| 2011-05-26 | Senate | Sponsor introductory remarks on measure. (CR S3432-3433) |
Subjects
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Income tax exclusion
Lighting and heating
Taxation
Electric power generation and transmission
Income tax credits
Income tax exclusion
Lighting and heating
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1093/all-info |
| Text | https://www.congress.gov/112/bills/s1093/BILLS-112s1093is.pdf |
