New Energy for America Act

1/11/2023, 1:31 PM

Congressional Summary of HR 2412

New Energy for America Act

This bill amends the Internal Revenue Code to extend: (1) the tax credit for residential energy efficient property expenditures through calendar year 2021; and (2) the energy tax credit for energy property, including solar energy property, qualified fuel cell property, qualified microturbine property, combined heat and power system property, and thermal energy property, the construction of which begins before January 1, 2022.

Current Status of Bill HR 2412

Bill HR 2412 is currently in the status of Bill Introduced since May 19, 2015. Bill HR 2412 was introduced during Congress 114 and was introduced to the House on May 19, 2015.  Bill HR 2412's most recent activity was Referred to the House Committee on Ways and Means. as of May 19, 2015

Bipartisan Support of Bill HR 2412

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
42
Democrat Cosponsors
42
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2412

Primary Policy Focus

Taxation

Potential Impact Areas

Alternative and renewable resourcesEnergy efficiency and conservationIncome tax creditsLighting and heatingLighting, heating, coolingResidential rehabilitation and home repair

Alternate Title(s) of Bill HR 2412

New Energy for America ActTo amend the Internal Revenue Code of 1986 to extend the credit for residential energy efficient property and the energy credit.New Energy for America Act
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