A bill to amend the Internal Revenue Code of 1986 to provide for a 5-year extension of the tax credit for residential energy efficient property.

Bill: 114-s-1755
Sponsor: full_name: Sen. Schatz, Brian [D-HI]
Introduced: 2015-07-14
Policy area: Taxation
Subjects: Alternative and renewable resources

Energy efficiency and conservation

Income tax credits

Residential rehabilitation and home repair
Latest action: action_date: 2015-07-14
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2015-07-14
action_desc: Introduced in Senate
text: <p>This bill amends the Internal Revenue Code to extend through 2021 the tax credit for residential energy efficient property. </p>

tv_txt: II 114th CONGRESS 1st Session S. 1755 IN THE SENATE OF THE UNITED STATES July 14, 2015 Mr. Schatz (for himself, Mr. Heinrich , Mrs. Feinstein , Mr. Booker , Mr. Whitehouse , and Mr. Franken ) 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 provide for a 5-year extension of the tax credit for residential energy efficient property.

1. Extension of credit for residential energy efficient property (a) In general Subsection (g) of section 25D of the Internal Revenue Code of 1986 is amended by striking December 31, 2016 and inserting December 31, 2021 . (b) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2016.