HEATR Act

Hozzl · 2022-12-29T16:33:52Z

Explore the details of Senate Bill 4139 HEATR Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

12/29/2022, 4:33 PM

Heating Efficiency and Affordability through Tax Relief Act or the HEATR Act

This bill allows a new tax credit through 2031 for energy efficient consumer and commercial heat pumps and heat pump water heaters.

Congress

117

Number

S - 4139

Introduced on

2022-05-04

# Amendments

Variations and Revisions

5/4/2022

Text

PDF

XML

Status of Legislation

Bill Introduced

Introduced to House

House to Vote

Introduced to Senate

Senate to Vote

Purpose and Summary

Heating Efficiency and Affordability through Tax Relief Act or the HEATR Act

This bill allows a new tax credit through 2031 for energy efficient consumer and commercial heat pumps and heat pump water heaters.

Alternative Names

Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to establish a tax credit for manufacturers of high-efficiency heat pumps and heat pump water heaters.

Policy Areas

Taxation

Comments

Recent Activity

Latest Summary5/12/2022

Heating Efficiency and Affordability through Tax Relief Act or the HEATR Act

This bill allows a new tax credit through 2031 for energy efficient consumer and commercial heat pumps and heat pump water heaters.

Latest Action5/4/2022

Read twice and referred to the Committee on Finance.