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Lowering Energy Costs for Manufactured Homeowners Act
10/24/2024, 6:53 AM
Summary of Bill HR 9935
Bill 118 hr 9935, also known as the Lowering Energy Costs for Manufactured Homeowners Act, aims to provide financial assistance to homeowners of manufactured homes in order to help lower their energy costs. The bill recognizes that manufactured homes often have higher energy costs compared to traditional homes due to factors such as poor insulation and outdated heating and cooling systems.
The key provisions of the bill include the establishment of a grant program that will provide funding to eligible homeowners for energy efficiency improvements. These improvements may include upgrading insulation, installing energy-efficient windows and doors, and replacing outdated heating and cooling systems with more energy-efficient options.
In order to qualify for the grant program, homeowners must meet certain income requirements and demonstrate a need for assistance in lowering their energy costs. The bill also includes provisions for monitoring and evaluating the effectiveness of the grant program in achieving its goals of reducing energy costs for manufactured homeowners. Overall, the Lowering Energy Costs for Manufactured Homeowners Act seeks to address the unique challenges faced by homeowners of manufactured homes in reducing their energy costs and improving the energy efficiency of their homes. By providing financial assistance for energy efficiency improvements, the bill aims to help lower-income homeowners save money on their energy bills and reduce their overall energy consumption.
The key provisions of the bill include the establishment of a grant program that will provide funding to eligible homeowners for energy efficiency improvements. These improvements may include upgrading insulation, installing energy-efficient windows and doors, and replacing outdated heating and cooling systems with more energy-efficient options.
In order to qualify for the grant program, homeowners must meet certain income requirements and demonstrate a need for assistance in lowering their energy costs. The bill also includes provisions for monitoring and evaluating the effectiveness of the grant program in achieving its goals of reducing energy costs for manufactured homeowners. Overall, the Lowering Energy Costs for Manufactured Homeowners Act seeks to address the unique challenges faced by homeowners of manufactured homes in reducing their energy costs and improving the energy efficiency of their homes. By providing financial assistance for energy efficiency improvements, the bill aims to help lower-income homeowners save money on their energy bills and reduce their overall energy consumption.
Congressional Summary of HR 9935
Lowering Energy Costs for Manufactured Homeowners Act
This bill provides a new refundable tax credit in the amount of 20% of the cost of manufactured home skirting, up to a maximum amount of $500. Home skirting is any weather-resistant material used to enclose the space between the bottom of the manufactured home and the ground. The tax credit is not available for taxpayers whose modified adjusted gross income exceeds $150,000 (or $300,000 for joint filers). Finally, the manufactured home must be used as the taxpayer’s primary residence.
Read the Full Bill
Current Status of Bill HR 9935
Bill HR 9935 is currently in the status of Bill Introduced since October 4, 2024. Bill HR 9935 was introduced during Congress 118 and was introduced to the House on October 4, 2024. Bill HR 9935's most recent activity was Referred to the House Committee on Ways and Means. as of October 4, 2024
Bipartisan Support of Bill HR 9935
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 9935
Primary Policy Focus
Alternate Title(s) of Bill HR 9935
Lowering Energy Costs for Manufactured Homeowners Act
Lowering Energy Costs for Manufactured Homeowners Act
To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for the addition of skirting to certain manufactured homes.
Comments

Dakota Long
638
1 year ago
I'm thrilled about this bill! How will it specifically help lower energy costs for homeowners?

Melvin Buck
615
1 year ago
Not sure how this helps.
Sponsors and Cosponsors of HR 9935
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