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Clean Energy for All Homes Act

12/30/2022, 8:33 AM

Congressional Summary of S 3140

Clean Energy for All Homes Act

This bill make the tax credit for residential energy efficient property refundable after 2022. It also requires that residential energy efficient property placed in service after 2022 must be installed by a qualified installer. A qualified installer must provide an owner of a residence with certain information, including a written receipt of the purchase and installation of the property and an installation identification number.

Current Status of Bill S 3140

Bill S 3140 is currently in the status of Bill Introduced since November 2, 2021. Bill S 3140 was introduced during Congress 117 and was introduced to the Senate on November 2, 2021.  Bill S 3140's most recent activity was Committee on Banking, Housing, and Urban Affairs. Hearings held. as of May 18, 2022

Bipartisan Support of Bill S 3140

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
13
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 3140

Primary Policy Focus

Taxation

Potential Impact Areas

- Alternative and renewable resources
- Energy efficiency and conservation
- Income tax credits
- Lighting, heating, cooling
- Residential rehabilitation and home repair
- Tax administration and collection, taxpayers

Alternate Title(s) of Bill S 3140

Clean Energy for All Homes Act
Clean Energy for All Homes Act
A bill to amend the Internal Revenue Code of 1986 to make the credit for residential energy efficient property refundable, and for other purposes.

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