S 1964 · 119th Congress · Taxation

Solid American Hardwood Tax Credit Act

Introduced 2025-06-05· Sponsored by Sen. Hyde-Smith, Cindy [R-MS]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2025-06-05)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1964 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1964 To amend the Internal Revenue Code of 1986 to modify the energy efficient home improvement credit to include a credit for natural carbon sinks, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 5, 2025 Mrs. Hyde-Smith introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to modify the energy efficient home improvement credit to include a credit for natural carbon sinks, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Solid American Hardwood Tax Credit Act''. SEC. 2. MODIFICATION OF ENERGY EFFICIENT HOME IMPROVEMENT CREDIT. (a) Inclusion of Credit for Natural Carbon Sink Expenditures.-- (1) In general.--Section 25C(a) of the Internal Reve…

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