Senate Bill 2588
116th Congress(2019-2020)
Home Energy Savings Act
Introduced
Introduced in Senate on Sep 26, 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
2588
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.
Maggie Hassan
grade
New Hampshire
Maine
No Senate votes have been held for this bill.
Summary
Home Energy Savings Act
This bill reinstates and extends the tax credit for nonbusiness energy property through 2019. It also increases the rate of such credit from 10% to 15% and the amount of its lifetime limitation.
The bill revises limitations on such credit relating to insulation material, windows, and the Energy Star program.
September 26, 2019
09/26/2019
Read twice and referred to the Committee on Finance.
09/26/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:49:47 PM