Air Source Heat Pump Act of 2021 This bill allows a new refundable tax credit for qualified air source heat pump expenditures. The bill defines qualified air source heat pump expenditures as expenditures for property that uses an air source heat pump to heat and cool a dwelling unit located in the United States and used as the taxpayer's principal residence. The air source heat pump must also meet specified performance and other requirements.
Read twice and referred to the Committee on Finance.
Taxation
Energy efficiency and conservationIncome tax creditsLighting, heating, coolingResidential rehabilitation and home repair
Air Source Heat Pump Act of 2021
USA117th CongressS-891| Senate
| Updated: 3/23/2021
Air Source Heat Pump Act of 2021 This bill allows a new refundable tax credit for qualified air source heat pump expenditures. The bill defines qualified air source heat pump expenditures as expenditures for property that uses an air source heat pump to heat and cool a dwelling unit located in the United States and used as the taxpayer's principal residence. The air source heat pump must also meet specified performance and other requirements.