II 

117TH CONGRESS 

2D SESSION S. 4139 

To amend the Internal Revenue Code of 1986 to establish a tax credit 

for manufacturers of high-efficiency heat pumps and heat pump water heaters. 

IN THE SENATE OF THE UNITED STATES 

MAY 4, 2022 

Ms. KLOBUCHAR (for herself, Ms. SMITH, Mr. HICKENLOOPER, Mr. WHITEHOUSE, Mr. LEAHY, Mr. MERKLEY, and Mr. BOOKER) 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 establish 

a tax credit for manufacturers of high-efficiency heat 

pumps and heat pump water heaters. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Heating Efficiency and 

5 Affordability through Tax Relief Act’’ or the ‘‘HEATR 

6 Act’’. 

7 SEC. 2. ENERGY EFFICIENT PROPERTY CREDIT. 

8 (a) IN GENERAL.—Subpart D of part IV of sub9 chapter A of chapter 1 of the Internal Revenue Code of 


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1 1986 is amended by inserting after section 45L the fol2 lowing: 

3 ‘‘SEC. 45M. ENERGY EFFICIENT HEAT PUMP CREDIT. 

4 ‘‘(a) ESTABLISHMENT OF CREDIT.— 

5 ‘‘(1) IN GENERAL.—For purposes of section 38, 

6 the energy efficient heat pump credit determined 

7 under this section for any taxable year is an amount 

8 equal to the sum of the credit amounts determined 

9 under paragraph (2) for each type of qualified en10 ergy efficient heat pump produced by the taxpayer 

11 during the calendar year ending with or within the 

12 taxable year. 

13 ‘‘(2) CREDIT AMOUNTS.—The credit amount 

14 determined for any type of qualified energy efficient 

15 heat pump is— 

16 ‘‘(A) the applicable amount determined 

17 under subsection (b) with respect to such type, 

18 multiplied by 

19 ‘‘(B) the eligible production for such type, 

20 as determined under subsection (c). 

21 ‘‘(b) APPLICABLE AMOUNT.—For purposes of sub22 section (a) and subject to subsections (f) and (h)(4), the 

23 applicable amount shall be determined as follows: 

24 ‘‘(1) HEAT PUMP WATER HEATERS.— 


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1 ‘‘(A) CONSUMER HEAT PUMP WATER

2 HEATERS.—In the case of a consumer heat 

3 pump water heater which meets the require4 ments of the Energy Star Water Heater pro5 gram which are in effect at the time that such 

6 water heater is produced by the taxpayer, the 

7 applicable amount shall be— 

8 ‘‘(i) in the case of a water heater with 

9 a volume of less than 55 gallons, $600, or 

10 ‘‘(ii) in the case of a water heater 

11 with a volume of not less than 55 gallons, 

12 $800. 

13 ‘‘(B) COMMERCIAL HEAT PUMP WATER

14 HEATERS.—In the case of a commercial heat 

15 pump water heater which meets the require16 ments of the Energy Star Commercial Water 

17 Heater program which are in effect at the time 

18 that such water heater is produced by the tax19 payer, the applicable amount shall be the 

20 amount equal to the product of— 

21 ‘‘(i) the heating capacity of such 

22 water heater, expressed in Btus per hour, 

23 multiplied by 

24 ‘‘(ii) 2.4 cents. 

25 ‘‘(2) HEAT PUMPS.— 


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1 ‘‘(A) CONSUMER UNITARY HEAT PUMPS.— 

2 ‘‘(i) IN GENERAL.—In the case of a 

3 consumer unitary heat pump, the applica4 ble amount shall be— 

5 ‘‘(I) in the case of a heat pump 

6 which satisfies the applicable require7 ment under clause (ii)— 

8 ‘‘(aa) in the case of a heat 

9 pump which is a ducted system 

10 with a heating capacity of not 

11 less than 22,000 Btus per hour 

12 and which satisfies the Energy 

13 Star Energy-Efficient Criteria 

14 for Certified Residential Cold Cli15 mate Heat Pumps or the Energy 

16 Star Energy-Efficient Criteria 

17 for Geothermal Heat Pumps 

18 which are in effect at the time 

19 that such heat pump is produced 

20 by the taxpayer, $1,000, 

21 ‘‘(bb) in the case of an elec22 tric heat pump which is not de23 scribed in item (aa) and is pro24 duced during any calendar year 

25 beginning after December 31, 


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1 2023, by a taxpayer which has 

2 not produced any consumer cen3 tral air conditioner units during 

4 such calendar year, $600, or 

5 ‘‘(cc) in the case of a heat 

6 pump which is not described in 

7 item (aa) or (bb), $400, and 

8 ‘‘(II) subject to clause (iii), in the 

9 case of a heat pump which does not 

10 satisfy the applicable requirement 

11 under clause (ii) and is produced dur12 ing any calendar year beginning after 

13 December 31, 2023, by a taxpayer 

14 which has not produced any consumer 

15 central air conditioner units during 

16 such calendar year, $600. 

17 ‘‘(ii) ADDITIONAL REQUIREMENT.— 

18 The requirement described in this clause is 

19 the Energy Star Central Air Conditioner 

20 and Air Source Heat Pump Specification 

21 which is in effect at the time that the heat 

22 pump is produced by the taxpayer. 

23 ‘‘(iii) LIMITATION.—For purposes of 

24 clause (i)(II), if the total number of heat 

25 pumps described in such clause which are 


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1 produced by the taxpayer during any cal2 endar year beginning after December 31, 

3 2023, exceeds the number of heat pumps 

4 described in clause (i)(I)(bb) which are 

5 produced by the taxpayer during such cal6 endar year, clause (i)(II) shall not apply 

7 with respect to the amount of such excess. 

8 ‘‘(B) COMMERCIAL HEAT PUMPS.— 

9 ‘‘(i) IN GENERAL.—In the case of a 

10 commercial heat pump which satisfies the 

11 applicable requirements under clause (ii), 

12 the applicable amount shall be the amount 

13 equal to the product of— 

14 ‘‘(I) the heating capacity of such 

15 heat pump, expressed in Btus per 

16 hour, multiplied by 

17 ‘‘(II) 2.4 cents. 

18 ‘‘(ii) REQUIREMENTS.—The require19 ment described in this clause is— 

20 ‘‘(I) in the case of an air-source 

21 unitary heat pump which has a cool22 ing capacity of not greater than 

23 240,000 Btus per hour, such heat 

24 pump satisfies— 


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1 ‘‘(aa) the requirements of 

2 the Energy Star Light Commer3 cial HVAC program which are in 

4 effect at the time that such heat 

5 pump is produced by the tax6 payer, or 

7 ‘‘(bb) the highest efficiency 

8 tier (not including any advanced 

9 tier) established by the Consor10 tium for Energy Efficiency which 

11 is in effect at the time that such 

12 heat pump is produced by the 

13 taxpayer, or 

14 ‘‘(II) in the case of any heat 

15 pump which is not described in sub16 clause (I), such heat pump exceeds 

17 the minimum efficiency standards 

18 under Reference Standard 90.1 by not 

19 less than 10 percent, as determined 

20 under testing conditions specified in 

21 Reference Standard 90.1. 

22 ‘‘(iii) HEATING CAPACITY.—For pur23 poses of clause (i)(I), in the case of an air24 source heat pump, the heating capacity of 

25 such heat pump shall be determined using 


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1 an ambient temperature of 17 degrees 

2 Fahrenheit. 

3 ‘‘(C) INDUSTRIAL HEAT PUMP.—In the 

4 case of an industrial heat pump, the applicable 

5 amount shall be the amount equal to the prod6 uct of— 

7 ‘‘(i) the heating capacity of such heat 

8 pump, expressed in Btus per hour, multi9 plied by 

10 ‘‘(ii)(I) in the case of a heat pump 

11 with a heating capacity of not greater than 

12 2,400,000 Btus per hour, 3.6 cents, or 

13 ‘‘(II) in the case of a heat pump with 

14 a heating capacity greater than 2,400,000 

15 Btus per hour and a coefficient of perform16 ance of not less than 2.0, 1.8 cents. 

17 ‘‘(c) ELIGIBLE PRODUCTION.—Subject to subsection 

18 (h)(4), the eligible production in a calendar year with re19 spect to each type of qualified energy efficient heat pump 

20 is the excess of— 

21 ‘‘(1) the number of heat pumps of such type 

22 which are produced by the taxpayer in the United 

23 States during such calendar year, over 

24 ‘‘(2) the average number of heat pumps of such 

25 type which were produced by the taxpayer (or any 


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1 predecessor) in the United States during the pre2 ceding 3-calendar year period. 

3 ‘‘(d) TYPES OF QUALIFIED ENERGY EFFICIENT

4 HEAT PUMPS.—For purposes of this section, the types of 

5 qualified energy efficient heat pumps are— 

6 ‘‘(1) consumer heat pump water heaters de7 scribed in subparagraph (A) of subsection (b)(1), 

8 ‘‘(2) commercial heat pump water heaters de9 scribed in subparagraph (B) of such subsection, 

10 ‘‘(3) consumer unitary heat pumps described in 

11 subparagraph (A)(i) of subsection (b)(2), 

12 ‘‘(4) commercial heat pumps described in sub13 paragraph (B)(i) of such subsection, and 

14 ‘‘(5) industrial heat pumps described in sub15 paragraph (C) of such subsection. 

16 ‘‘(e) LIMITATIONS.— 

17 ‘‘(1) AGGREGATE CREDIT AMOUNT ALLOWED.— 

18 The aggregate amount of credit allowed under sub19 section (a) with respect to a taxpayer for any tax20 able year shall not exceed an amount equal to the 

21 sum of— 

22 ‘‘(A) with respect to any consumer unitary 

23 heat pumps described in subsection 

24 (b)(2)(A)(i)(I)(bb), $300,000,000 reduced by 

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1 section (a) to the taxpayer (or any predecessor) 

2 with respect to such heat pumps for all prior 

3 taxable years beginning after December 31, 

4 2023, plus 

5 ‘‘(B) with respect to any qualified energy 

6 efficient heat pumps (including any consumer 

7 unitary heat pumps described in subsection 

8 (b)(2)(A)(i)(I)(bb) which are not included under 

9 subparagraph (A)), $400,000,000 reduced by 

10 the amount of the credit allowed under sub11 section (a) to the taxpayer (or any predecessor) 

12 with respect to such heat pumps for all prior 

13 taxable years beginning after December 31, 

14 2021. 

15 ‘‘(2) LIMITATION BASED ON GROSS RE16 CEIPTS.—The credit allowed under subsection (a) 

17 with respect to a taxpayer for the taxable year shall 

18 not exceed an amount equal to 4 percent of the aver19 age annual gross receipts of the taxpayer for the 3 

20 taxable years preceding the taxable year in which 

21 the credit is determined. 

22 ‘‘(3) GROSS RECEIPTS.—For purposes of this 

23 subsection, the rules of paragraphs (2) and (3) of 

24 section 448(c) shall apply. 


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1 ‘‘(f) ADJUSTMENT OF ENERGY EFFICIENCY CRI2 TERIA AND TEST PROCEDURES.— 

3 ‘‘(1) ADJUSTMENT OF ENERGY EFFICIENCY

4 CRITERIA FOR INDUSTRIAL HEAT PUMPS.—Not later 

5 than December 31, 2023, and every 2 years there6 after, the Secretary, in consultation with the Sec7 retary of Energy, shall— 

8 ‘‘(A) review the requirement with respect 

9 to coefficient of performance for industrial heat 

10 pumps under subsection (b)(2)(C)(ii)(II), and 

11 ‘‘(B) as necessary, prescribe regulations or 

12 other guidance which revise any such require13 ment to ensure that— 

14 ‘‘(i) the credit allowed under sub15 section (a) only applies to industrial heat 

16 pumps which are the most efficient indus17 trial heat pumps that are commercially 

18 available, and 

19 ‘‘(ii) not less than 3 manufacturers 

20 produce such heat pumps across a range of 

21 product heating capacities. 

22 ‘‘(2) TEST METHODS AND PROCEDURES.— 

23 ‘‘(A) INDUSTRIAL HEAT PUMPS.—Not later 

24 than the date which is 12 months after the date 

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1 ergy shall prescribe regulations or other guid2 ance which establish test methods and proce3 dures to determine the coefficient of perform4 ance for industrial heat pumps. 

5 ‘‘(B) ANSI AND ISO TEST METHODS AND

6 PROCEDURES.—For purposes of developing the 

7 test methods and procedures described in sub8 paragraph (A), the Secretary of Energy shall 

9 expand upon any relevant test methods and 

10 procedures established by the American Na11 tional Standards Institute and the International 

12 Organization for Standardization which are in 

13 effect as of the date of enactment of the Heat14 ing Efficiency and Affordability through Tax 

15 Relief Act. 

16 ‘‘(g) DEFINITIONS.—In this section— 

17 ‘‘(1) BTUS.—The term ‘Btus’ means British 

18 thermal units. 

19 ‘‘(2) COEFFICIENT OF PERFORMANCE.— 

20 ‘‘(A) IN GENERAL.—The term ‘coefficient 

21 of performance’ means the ratio of heat output 

22 to energy input. 

23 ‘‘(B) DEFAULT.—Until such time as the 

24 Secretary of Energy issues regulations or guid25 ance under subsection (f)(2), in the case of any 


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1 industrial heat pump, any determination with 

2 respect to coefficient of performance for pur3 poses of this section shall be determined using 

4 any test methods or procedures employed by the 

5 taxpayer which produced such heat pump, pro6 vided that such taxpayer makes any test condi7 tions and assumptions with respect to such 

8 methods or procedures publicly available. 

9 ‘‘(3) COMMERCIAL HEAT PUMP.—The term 

10 ‘commercial heat pump’ means a heat pump which— 

11 ‘‘(A) is designed to provide space heating 

12 and cooling, and 

13 ‘‘(B) is not described in subparagraph (B) 

14 of paragraph (6). 

15 ‘‘(4) COMMERCIAL HEAT PUMP WATER HEAT16 ER.—The term ‘commercial heat pump water heater’ 

17 means a water heater which uses a heat pump to 

18 heat water and is not described in subparagraph (A) 

19 or (B) of paragraph (5). 

20 ‘‘(5) CONSUMER HEAT PUMP WATER HEAT21 ER.—The term ‘consumer heat pump water heater’ 

22 means a water heater which uses a heat pump to 

23 heat water and has a maximum current rating of 24 

24 amperes at a voltage not greater than 250 volts. 


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1 ‘‘(6) CONSUMER UNITARY HEAT PUMP.—The 

2 term ‘consumer unitary heat pump’ means a heat 

3 pump which— 

4 ‘‘(A) is designed to provide space heating 

5 and cooling, and 

6 ‘‘(B) has a cooling capacity of not greater 

7 than 65,000 Btus per hour. 

8 ‘‘(7) INDUSTRIAL HEAT PUMP.—The term ‘in9 dustrial heat pump’ means a heat pump which— 

10 ‘‘(A) upgrades industrial waste heat to a 

11 higher temperature, and 

12 ‘‘(B) such heat is produced and supplied to 

13 an industrial facility in a manner which is more 

14 energy efficient than conventional heating 

15 methods, such as a steam or electric resistance 

16 boiler. 

17 ‘‘(8) QUALIFIED ENERGY EFFICIENT HEAT

18 PUMP.—The term ‘qualified energy efficient heat 

19 pump’ means— 

20 ‘‘(A) any consumer heat pump water heat21 er described in subparagraph (A) of subsection 

22 (b)(1), 

23 ‘‘(B) any commercial heat pump water 

24 heater described in subparagraph (B) of such 

25 subsection, 


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1 ‘‘(C) any consumer unitary heat pump de2 scribed in subparagraph (A) of subsection 

3 (b)(2), 

4 ‘‘(D) any commercial heat pump described 

5 in subparagraph (B) of such subsection, and 

6 ‘‘(E) any industrial heat pump described in 

7 subparagraph (C) of such subsection. 

8 ‘‘(9) PRODUCED.—The term ‘produced’ in9 cludes manufactured or assembled. 

10 ‘‘(10) REFERENCE STANDARD 90.1.—The term 

11 ‘Reference Standard 90.1’ means, with respect to 

12 any heat pump, the most recent Standard 90.1 pub13 lished by the American Society of Heating, Refrig14 erating, and Air Conditioning Engineers which is in 

15 effect at the time that such heat pump is produced 

16 by the taxpayer. 

17 ‘‘(h) SPECIAL RULES.—For purposes of this sec18 tion— 

19 ‘‘(1) IN GENERAL.—Rules similar to the rules 

20 of subsections (c), (d), and (e) of section 52 shall 

21 apply. 

22 ‘‘(2) CONTROLLED GROUP.— 

23 ‘‘(A) IN GENERAL.—All persons treated as 

24 a single employer under subsection (a) or (b) of 


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1 section 52 or subsection (m) or (o) of section 

2 414 shall be treated as a single producer. 

3 ‘‘(B) INCLUSION OF FOREIGN CORPORA4 TIONS.—For purposes of subparagraph (A), in 

5 applying subsections (a) and (b) of section 52 

6 to this section, section 1563 shall be applied 

7 without regard to subsection (b)(2)(C) thereof. 

8 ‘‘(3) VERIFICATION.—No amount shall be al9 lowed as a credit under subsection (a) with respect 

10 to which the taxpayer has not submitted such infor11 mation or certification as the Secretary, in consulta12 tion with the Secretary of Energy, determines nec13 essary. 

14 ‘‘(4) 10 PERCENT INCREASE IN APPLICABLE

15 AMOUNT FOR HEAT PUMPS PRODUCED IN UNION FA16 CILITIES.—In the case of any qualified energy effi17 cient heat pump which is produced in a facility oper18 ating under a collective bargaining agreement nego19 tiated by an employee organization (as defined in 

20 section 412(c)(4)), determined in a manner con21 sistent with section 7701(a)(46), for purposes of de22 termining the credit amount under subsection (a)(2) 

23 with respect to such heat pump, the applicable 

24 amount determined under subsection (b) with re25 spect to such heat pump shall be increased by an 


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1 amount equal to 10 percent of the applicable amount 

2 otherwise in effect under such subsection. 

3 ‘‘(i) ELECTION FOR DIRECT PAYMENT.— 

4 ‘‘(1) IN GENERAL.—In the case of a taxpayer 

5 making an election (at such time and in such man6 ner as the Secretary may provide) under this sub7 section with respect to any credit determined under 

8 subsection (a) with respect to such taxpayer, such 

9 taxpayer shall be treated as making a payment 

10 against the tax imposed by subtitle A (for the tax11 able year with respect to which such credit was de12 termined) equal to the amount of such credit. 

13 ‘‘(2) SPECIAL RULES.—For purposes of this 

14 subsection— 

15 ‘‘(A) APPLICATION TO PARTNERSHIPS AND

16 S CORPORATIONS.— 

17 ‘‘(i) IN GENERAL.—In the case of any 

18 credit determined under subsection (a) 

19 with respect to any property produced by 

20 a partnership or S corporation, if such 

21 partnership or S corporation makes an 

22 election under paragraph (1) (in such man23 ner as the Secretary may provide) with re24 spect to such credit— 


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1 ‘‘(I) the Secretary shall make a 

2 payment to such partnership or S cor3 poration equal to the amount of such 

4 credit, 

5 ‘‘(II) paragraph (4) shall be ap6 plied with respect to such credit be7 fore determining any partner’s dis8 tributive share, or shareholder’s pro 

9 rata share, of such credit, 

10 ‘‘(III) any amount with respect 

11 to which the election in paragraph (1) 

12 is made shall be treated as tax exempt 

13 income for purposes of sections 705 

14 and 1366, and 

15 ‘‘(IV) a partner’s distributive 

16 share of such tax exempt income shall 

17 be based on such partner’s distribu18 tive share of such credit for each tax19 able year. 

20 ‘‘(ii) COORDINATION WITH APPLICA21 TION AT PARTNER OR SHAREHOLDER

22 LEVEL.—In the case of any partnership or 

23 S corporation, paragraph (1) shall be ap24 plied at the partner or shareholder level 

25 after application of clause (i)(II). 


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1 ‘‘(B) ELECTIONS.—Any election under 

2 paragraph (1) shall be made not later than the 

3 due date (including extensions of time) for the 

4 return of tax for the taxable year for which the 

5 election is made. Any such election, once made, 

6 shall be irrevocable. Any election under para7 graph (1) shall apply with respect to any credit 

8 for the taxable year for which the election is 

9 made. 

10 ‘‘(C) TIMING.—The payment described in 

11 paragraph (1) shall be treated as made on the 

12 later of the due date (determined without re13 gard to extensions) of the return of tax for the 

14 taxable year or the date on which such return 

15 is filed. 

16 ‘‘(D) TREATMENT OF PAYMENTS TO PART17 NERSHIPS AND S CORPORATIONS.—For pur18 poses of section 1324 of title 31, United States 

19 Code, the payments under subparagraph 

20 (A)(i)(I) shall be treated in the same manner as 

21 a refund due from a credit provision referred to 

22 in subsection (b)(2) of such section. 

23 ‘‘(E) ADDITIONAL INFORMATION.—As a 

24 condition of, and prior to, a payment under this 

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1 formation or registration as the Secretary 

2 deems necessary or appropriate for purposes of 

3 preventing duplication, fraud, improper pay4 ments, or excessive payments under this sub5 section. 

6 ‘‘(F) EXCESSIVE PAYMENT.— 

7 ‘‘(i) IN GENERAL.—In the case of a 

8 payment made to a taxpayer under this 

9 paragraph or any amount treated as a pay10 ment which is made by the taxpayer under 

11 paragraph (1) which the Secretary deter12 mines constitutes an excessive payment, 

13 the tax imposed on such taxpayer by chap14 ter 1 for the taxable year in which such de15 termination is made shall be increased by 

16 an amount equal to the sum of— 

17 ‘‘(I) the amount of such excessive 

18 payment, plus 

19 ‘‘(II) an amount equal to 20 per20 cent of such excessive payment. 

21 ‘‘(ii) REASONABLE CAUSE.—Clause 

22 (i)(II) shall not apply if the taxpayer dem23 onstrates to the satisfaction of the Sec24 retary that the excessive payment resulted 

25 from reasonable cause. 


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1 ‘‘(iii) EXCESSIVE PAYMENT DE2 FINED.—For purposes of this subpara3 graph, the term ‘excessive payment’ means, 

4 with respect to an election is made under 

5 this subsection for any taxable year, an 

6 amount equal to the excess of— 

7 ‘‘(I) the amount of the payment 

8 made to the taxpayer under this para9 graph or any amount treated as a 

10 payment which is made by the tax11 payer under paragraph (1) for such 

12 taxable year, over 

13 ‘‘(II) the amount of the credit 

14 which, without application of this 

15 paragraph, would be otherwise allow16 able (determined without regard to 

17 section 38(c)) under subsection (a) for 

18 such taxable year. 

19 ‘‘(3) DENIAL OF DOUBLE BENEFIT.—In the 

20 case of a taxpayer making an election under this 

21 subsection with respect to the credit allowed under 

22 subsection (a), such credit shall be reduced to zero 

23 and shall, for any other purposes under this title, be 

24 deemed to have been allowed to the taxpayer for 

25 such taxable year. 


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1 ‘‘(4) MIRROR CODE POSSESSIONS.—In the case 

2 of any possession of the United States with a mirror 

3 code tax system (as defined in section 24(k)), this 

4 subsection shall not be treated as part of the income 

5 tax laws of the United States for purposes of deter6 mining the income tax law of such possession unless 

7 such possession elects to have this subsection be so 

8 treated. 

9 ‘‘(5) REGULATIONS.—The Secretary shall issue 

10 such regulations or other guidance as may be nec11 essary or appropriate to carry out the purposes of 

12 this subsection, including— 

13 ‘‘(A) regulations or other guidance pro14 viding rules for determining a partner’s dis15 tributive share of the tax exempt income de16 scribed in paragraph (2)(A)(i)(III), and 

17 ‘‘(B) guidance to ensure that the amount 

18 of the payment or deemed payment made under 

19 this subsection is commensurate with the 

20 amount of the credit that would be otherwise al21 lowable (determined without regard to section 

22 38(c)). 

23 ‘‘(j) TERMINATION.—This section shall not apply 

24 with respect to any property produced after December 31, 

25 2031.’’. 


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1 (b) CONFORMING AMENDMENTS.— 

2 (1) Section 38(b) of the Internal Revenue Code 

3 of 1986 is amended— 

4 (A) by redesignating paragraphs (26) 

5 through (33) as paragraphs (27) through (34), 

6 respectively, and 

7 (B) by inserting after paragraph (25) the 

8 following: 

9 ‘‘(26) the energy efficient heat pump credit de10 termined under section 45M,’’. 

11 (2) The table of sections for subpart D of part 

12 IV of subchapter A of chapter 1 of the Internal Rev13 enue Code of 1986 is amended by inserting after the 

14 item relating to section 45L the following item: 

‘‘Sec. 45M. Energy efficient heat pump credit.’’. 

15 (c) EFFECTIVE DATE.—The amendments made by 

16 this section shall apply to property produced after the date 

17 of enactment of this Act. 

Æ 


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