HR 5187 · 117th Congress · Taxation

Home Energy Savings Act of 2021

Introduced 2021-09-07· Sponsored by Rep. Gomez, Jimmy [D-CA-34]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-09-07)

Plain Language Summary

[AI summary unavailable — showing source text] Home Energy Savings Act of 2021 This bill extends the nonbusiness energy property tax credit through 2031 and increases the credit percentage from 10% to 30% for qualified energy efficiency improvements. The bill also imposes a $1,200 annual limitation on the credit and limits for windows and doors. The bill allows a credit for 30% of the cost of home energy audits. A home energy audit is an inspection and written report for a taxpayer's principal residence that identifies the most significant and cost-effective energy efficiency improvements and is conducted and prepared by a certified home energy auditor. The bill also requires that energy property placed in service after 2023 be produced by a qualified manufacturer and that the taxpayer includes the qualified product identification number for such property on the return of tax.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Democrats