HR. 616In Committee
To amend the Internal Revenue Code of 1986 to double the dollar limitation for the energy efficient home improvement credit with respect to heat pumps, heat pump water heaters, biomass stoves, and boilers.
Increases the energy efficient home improvement tax credit cap to $4,000 for heat pumps, heat pump water heaters, biomass stoves, and biomass boilers
Plain-English overview
What this bill does
Increases the energy efficient home improvement tax credit cap to $4,000 for heat pumps, heat pump water heaters, biomass stoves, and biomass boilers
Key points
- Amend Internal Revenue Code
- Increase credit cap for qualifying equipment
Current status
Where it stands
Status
In Committee
Latest action
2025-01-22 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedAlternative and renewable resourcesEnergy efficiency and conservationIncome tax creditsLighting, heating, coolingResidential rehabilitation and home repairTaxation