US SB3183 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 15 2012 - 25% progression, died in committee
Action: 2012-05-15 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 15 2012 - 25% progression, died in committee
Action: 2012-05-15 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code, with respect to the tax credits for residential energy efficient property and for investment in energy property, to require that either: (1) more than 70% of the components of property using solar energy either to heat, illuminate, or generate electricity for a taxpayer's residence for which a credit is claimed are made in the United States, or (2) more than 50% of the components of such property are made in the United States and the final point of manufacture of such property is in the United States.
Title
A bill to amend the Internal Revenue Code of 1986 to require the use of domestic property to be eligible for certain tax incentives for solar energy.
Sponsors
Sen. Charles Schumer [D-NY] | Sen. Sherrod Brown [D-OH] |
History
Date | Chamber | Action |
---|---|---|
2012-05-15 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Alternative and renewable resources
Buy American requirements
Energy efficiency and conservation
Income tax credits
Manufacturing
Residential rehabilitation and home repair
Taxation
Buy American requirements
Energy efficiency and conservation
Income tax credits
Manufacturing
Residential rehabilitation and home repair
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/3183/all-info |
Text | https://www.congress.gov/112/bills/s3183/BILLS-112s3183is.pdf |