Senate Bill 1197
116th Congress(2019-2020)
All-Electric Homes Act of 2019
Introduced
Introduced in Senate on Apr 11, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1197
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
All-Electric Homes Act of 2019
This bill establishes a tax credit for contractors that construct new all-electric homes.
The credit applies to new homes that
- are constructed by the contractor,
- are acquired by a person from the contractor for use as a residence during the year,
- have appliances and mechanical systems that are powered solely by electricity,
- do not have a gas line or gas service, and
- meet specified energy efficiency standards.
For a single-family residence, the credit is equal to $5,000. For a multi-family residence, the credit is equal to $1,750, multiplied by the total number of residential units.
April 11, 2019
04/11/2019
Read twice and referred to the Committee on Finance.
04/11/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 7:47:15 PM