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Home Energy Savings Act

USA117th CongressHR-3395| House 
| Updated: 5/20/2021
Jimmy Gomez

Jimmy Gomez

Democratic Representative

California

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Home Energy Savings Act This bill reinstates and extends through 2028 the tax credit for nonbusiness energy property. It increases the rate of such credit from 10% to 15% and raises the lifetime cap on such credit from $500 to $1,200. The bill increases credit amounts for the investment in energy efficient building property (e.g., electric heat pump water heater, electric heat pump, central air conditioner, or natural gas, propane, or oil water heater) and provides for increased caps on investment in doors and windows in a residence.
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Timeline

Bill from Previous Congress

HR 116-4506
Home Energy Savings Act
May 20, 2021

Latest Companion Bill Action

S 117-1753
Introduced in Senate
May 20, 2021
Introduced in House
May 20, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-4506
    Home Energy Savings Act


  • May 20, 2021

    Latest Companion Bill Action

    S 117-1753
    Introduced in Senate


  • May 20, 2021
    Introduced in House


  • May 20, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 117-1753: Home Energy Savings Act
Energy efficiency and conservationIncome tax creditsLighting, heating, coolingResidential rehabilitation and home repair

Home Energy Savings Act

USA117th CongressHR-3395| House 
| Updated: 5/20/2021
Home Energy Savings Act This bill reinstates and extends through 2028 the tax credit for nonbusiness energy property. It increases the rate of such credit from 10% to 15% and raises the lifetime cap on such credit from $500 to $1,200. The bill increases credit amounts for the investment in energy efficient building property (e.g., electric heat pump water heater, electric heat pump, central air conditioner, or natural gas, propane, or oil water heater) and provides for increased caps on investment in doors and windows in a residence.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-4506
Home Energy Savings Act
May 20, 2021

Latest Companion Bill Action

S 117-1753
Introduced in Senate
May 20, 2021
Introduced in House
May 20, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-4506
    Home Energy Savings Act


  • May 20, 2021

    Latest Companion Bill Action

    S 117-1753
    Introduced in Senate


  • May 20, 2021
    Introduced in House


  • May 20, 2021
    Referred to the House Committee on Ways and Means.
Jimmy Gomez

Jimmy Gomez

Democratic Representative

California

Ways and Means Committee

Taxation

Related Bills

  • S 117-1753: Home Energy Savings Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Energy efficiency and conservationIncome tax creditsLighting, heating, coolingResidential rehabilitation and home repair