Incentivize Residential Energy Efficiency Act of 2021

Bill: 117-hr-3324
Sponsor: full_name: Rep. Williams, Roger [R-TX-25]
Introduced: 2021-05-18
Policy area: Taxation
Subjects: Alternative and renewable resources

Energy efficiency and conservation

Income tax credits

Residential rehabilitation and home repair
Latest action: action_date: 2021-05-18
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2021-05-18
action_desc: Introduced in House
text: <p><strong>Incentivize Residential Energy Efficiency Act of 2021</strong> </p> <p>This bill permanently extends the tax credit for nonbusiness energy property, which applies to certain expenditures for energy-efficient improvements or residential energy property expenditures.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 3324 IN THE HOUSE OF REPRESENTATIVES May 18, 2021 Mr. Williams of Texas introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to permanently extend the nonbusiness energy property credit.

1. Short title This Act may be cited as the Incentivize Residential Energy Efficiency Act of 2021 . 2. Nonbusiness energy property credit made permanent (a) In general Section 25C of the Internal Revenue Code of 1986 is amended by striking subsection (g). (b) Effective date The amendment made by this section shall apply to property placed in service after December 31, 2021.