Summary: H.R.3918 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.3918. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/22/2009)

Thermal Energy Cooling and Heating Act of 2009 - Amends the Internal Revenue Code to allow: (1) a residential energy efficient property tax credit for 30% of expenditures for distributed thermal energy storage property installed in a principal residence; (2) a 30% energy tax credit for investment in qualified distributed thermal storage property prior to 2017; and (3) financing of qualified distributed thermal energy storage property with new clean renewable energy bonds.