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A bill to amend the Internal Revenue Code of 1986 to extend the energy credit with respect to electrochromic glass.

7/24/2024, 10:56 AM

Summary of Bill S 4730

Bill 118 s 4730, also known as the Energy Credit Extension for Electrochromic Glass Act, is a proposed amendment to the Internal Revenue Code of 1986. The main purpose of this bill is to extend the energy credit for electrochromic glass.

Electrochromic glass is a type of glass that can change its tint or opacity in response to an electrical current. This technology is often used in windows to help regulate the amount of sunlight and heat that enters a building, which can lead to energy savings by reducing the need for heating and cooling.

The bill seeks to extend the energy credit for electrochromic glass, which provides a tax credit to individuals or businesses that install this energy-efficient technology. By extending this credit, the bill aims to incentivize the use of electrochromic glass in buildings, which can help reduce energy consumption and lower greenhouse gas emissions. Overall, the Energy Credit Extension for Electrochromic Glass Act is a measure aimed at promoting the use of energy-efficient technology in buildings and reducing the environmental impact of energy consumption.

Current Status of Bill S 4730

Bill S 4730 is currently in the status of Bill Introduced since July 23, 2024. Bill S 4730 was introduced during Congress 118 and was introduced to the Senate on July 23, 2024.  Bill S 4730's most recent activity was Read twice and referred to the Committee on Finance. as of July 23, 2024

Bipartisan Support of Bill S 4730

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4730

Primary Policy Focus

Alternate Title(s) of Bill S 4730

A bill to amend the Internal Revenue Code of 1986 to extend the energy credit with respect to electrochromic glass.
A bill to amend the Internal Revenue Code of 1986 to extend the energy credit with respect to electrochromic glass.

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