A bill to amend the Internal Revenue Code of 1954 to encourage greater conservation of energy in home heating and cooling by providing an income tax deduction for expenditures made for more effective insulation and heating equipment in residential structures.

[AI summary unavailable — showing source text] Allows an income tax deduction under the Internal Revenue Code for expenditures made for more effective insulation and heating equipment in residential structures. Sets forth standards for qualified insulative materials and qualified heating materials under this Act.…