US SB1197 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on April 11 2019 - 25% progression, died in committee
Action: 2019-04-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishes a tax credit for contractors that construct new all-electric homes. The credit applies to new homes that are constructed by the contractor, are acquired by a person from the contractor for use as a residence during the year, have appliances and mechanical systems that are powered solely by electricity, do not have a gas line or gas service, and meet specified energy efficiency standards. For a single-family residence, the credit is equal to $5,000. For a multi-family residence, the credit is equal to $1,750, multiplied by the total number of residential units.

Tracking Information

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Title

All-Electric Homes Act of 2019

Sponsors


History

DateChamberAction
2019-04-11SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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