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]
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.
Title
Solar Uniting Neighborhoods (SUN) Act of 2013
Sponsors
Sen. Mark Udall [D-CO] |
History
Date | Chamber | Action |
---|---|---|
2013-06-26 | Senate | Read twice and referred to the Committee on Finance. |
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/113th-congress/senate-bill/1225/all-info |
Text | https://www.congress.gov/113/bills/s1225/BILLS-113s1225is.pdf |