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Solid American Hardwood Tax Credit Act

6/25/2025, 8:28 PM

Summary of Bill S 1964

This bill, introduced in the 119th session of Congress, aims to amend the Internal Revenue Code of 1986 to expand the energy efficient home improvement credit by adding a credit for natural carbon sinks. The bill may include provisions related to incentivizing and supporting the use of natural carbon sinks for environmental conservation and climate mitigation efforts.

Current Status of Bill S 1964

Bill S 1964 is currently in the status of Bill Introduced since June 5, 2025. Bill S 1964 was introduced during Congress 119 and was introduced to the Senate on June 5, 2025.  Bill S 1964's most recent activity was Read twice and referred to the Committee on Finance. as of June 5, 2025

Bipartisan Support of Bill S 1964

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1964

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1964

A bill to amend the Internal Revenue Code of 1986 to modify the energy efficient home improvement credit to include a credit for natural carbon sinks, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to modify the energy efficient home improvement credit to include a credit for natural carbon sinks, and for other purposes.

Comments

Remi Wiley profile image

Remi Wiley

445

5 months ago

This bill is bad for us. It gives tax breaks to big companies who don't need it. It's not fair to the little guys like me who work hard every day. Why should they get special treatment? It's not right. We need to stand up and say no to this bill. It only benefits the wealthy corporations, not the average American.

Rocky Zhao profile image

Rocky Zhao

501

5 months ago

Ugh, can you believe this new bill? It's like they're just trying to make our lives harder. I mean, who even comes up with this stuff? It's ridiculous. And don't even get me started on how it's going to impact us. Like, seriously, this is just going to be a nightmare. I can't even deal with it. #ridiculous #nightmare #ugh