US SB3212 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 15 2010 - 25% progression, died in chamber
Action: 2010-04-15 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to allow a 30% energy tax credit for qualified energy efficiency property. Defines "qualified energy efficiency property" as property which: (1) is residential rental property, nonresidential real property, or mixed use real property; (2) is a qualified building as defined by this Act; and (3) achieves a specified energy savings. Amends the American Recovery and Reinvestment Act to allow grants for investment in qualified energy efficiency property in lieu of tax credits.

Tracking Information

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Title

A bill to amend the Internal Revenue Code of 1986 and section 1603 of the American Recovery and Reinvestment Tax Act of 2009 to provide that qualified energy efficiency property is eligible for the energy credit and the Department of Treasury grant.

Sponsors


History

DateChamberAction
2010-04-15 Read twice and referred to the Committee on Finance.

Same As/Similar To

HB2016 (Related) 2009-04-21 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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