US SB1225 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 26 2013 - 25% progression, died in committee
Action: 2013-06-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Solar Uniting Neighborhoods (SUN) Act of 2013 - 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.

Tracking Information

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Title

Solar Uniting Neighborhoods (SUN) Act of 2013

Sponsors

Sen. Mark Udall [D-CO]

History

DateChamberAction
2013-06-26SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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