0
0
0
Energy Efficient Commercial Buildings Act of 2021
12/31/2022, 9:00 AM
Summary of Bill HR 5181
The Energy Efficient Commercial Buildings Act of 2021, also known as Bill 117 HR 5181, is a piece of legislation introduced in the US Congress aimed at promoting energy efficiency in commercial buildings. The bill seeks to incentivize building owners to invest in energy-efficient technologies and practices by providing tax deductions for qualifying improvements.
Under the provisions of the bill, building owners who make energy-efficient upgrades to their commercial properties, such as installing energy-efficient lighting, heating, ventilation, and air conditioning systems, or improving insulation, would be eligible for a tax deduction. The amount of the deduction would be based on the energy savings achieved through the improvements.
The Energy Efficient Commercial Buildings Act of 2021 is designed to not only reduce energy consumption and lower utility costs for building owners but also to help reduce greenhouse gas emissions and combat climate change. By encouraging the adoption of energy-efficient technologies in commercial buildings, the bill aims to promote sustainability and environmental stewardship in the business sector. Overall, the Energy Efficient Commercial Buildings Act of 2021 represents a bipartisan effort to address the pressing issue of energy efficiency in commercial buildings and promote a more sustainable future for the United States.
Under the provisions of the bill, building owners who make energy-efficient upgrades to their commercial properties, such as installing energy-efficient lighting, heating, ventilation, and air conditioning systems, or improving insulation, would be eligible for a tax deduction. The amount of the deduction would be based on the energy savings achieved through the improvements.
The Energy Efficient Commercial Buildings Act of 2021 is designed to not only reduce energy consumption and lower utility costs for building owners but also to help reduce greenhouse gas emissions and combat climate change. By encouraging the adoption of energy-efficient technologies in commercial buildings, the bill aims to promote sustainability and environmental stewardship in the business sector. Overall, the Energy Efficient Commercial Buildings Act of 2021 represents a bipartisan effort to address the pressing issue of energy efficiency in commercial buildings and promote a more sustainable future for the United States.
Congressional Summary of HR 5181
Energy Efficient Commercial Buildings Act of 2021
This bill temporarily modifies the tax deduction for energy efficient commercial buildings for taxable years beginning after December 31, 2021, and before January 1, 2032. Among other provisions, the bill provides for a lower (25%) reduction of annual energy and power costs for certain energy systems, revises the maximum amount of the deduction, and allows an alternative deduction for costs relating to energy efficient retrofit building property.
Read the Full Bill
Current Status of Bill HR 5181
Bill HR 5181 is currently in the status of Bill Introduced since September 7, 2021. Bill HR 5181 was introduced during Congress 117 and was introduced to the House on September 7, 2021. Bill HR 5181's most recent activity was Referred to the House Committee on Ways and Means. as of September 7, 2021
Bipartisan Support of Bill HR 5181
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5181
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 5181
To amend the Internal Revenue Code of 1986 to provide temporarily increase the deduction for energy efficient commercial buildings, and for other purposes.
Energy Efficient Commercial Buildings Act of 2021
Energy Efficient Commercial Buildings Act of 2021
Comments
Sponsors and Cosponsors of HR 5181
Latest Bills
ESTUARIES Act
Bill HR 3962December 13, 2025
Federal Maritime Commission Reauthorization Act of 2025
Bill HR 4183December 13, 2025
National Defense Authorization Act for Fiscal Year 2026
Bill S 1071December 13, 2025
Enduring Justice for Victims of Trafficking Act
Bill S 2584December 13, 2025
Technical Corrections to the Northwestern New Mexico Rural Water Projects Act, Taos Pueblo Indian Water Rights Settlement Act, and Aamodt Litigation Settlement Act
Bill S 640December 13, 2025
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Bill HR 3383December 13, 2025
BOWOW Act of 2025
Bill HR 4638December 13, 2025
Northern Mariana Islands Small Business Access Act
Bill HR 3496December 13, 2025
Wildfire Risk Evaluation Act
Bill HR 3924December 13, 2025
Energy Choice Act
Bill HR 3699December 13, 2025
Inflation Reduction Act of 2022
Bill HR 5376September 5, 2023

