HR 3395 · 117th Congress · Taxation
Home Energy Savings Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-05-20)
Plain Language Summary
[AI summary unavailable — showing source text]
Home Energy Savings Act This bill reinstates and extends through 2028 the tax credit for nonbusiness energy property. It increases the rate of such credit from 10% to 15% and raises the lifetime cap on such credit from $500 to $1,200. The bill increases credit amounts for the investment in energy efficient building property (e.g., electric heat pump water heater, electric heat pump, central air conditioner, or natural gas, propane, or oil water heater) and provides for increased caps on investment in doors and windows in a residence.…
Summarized by Claude AI · Non-partisan · For informational purposes only