A bill to amend the Internal Revenue Code of 1954 to provide a middle-income energy tax credit for households which use heating oil.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an individual, who pays more than half of the total heating expenses for his or her principal residence for heating oil, a nonrefundable income tax credit not to exceed $300 in the case of a head of household or married individuals filing jointly, or $150 in the case of single individuals or married individuals filing jointly. Reduces the amount of such credit if the taxpayer's adjusted gross income exceeds certain specified levels or if the taxpayer is receiving Federal assistance.…