S.2588 - Home Energy Savings Act116th Congress (2019-2020) |
|Sponsor:||Sen. Hassan, Margaret Wood [D-NH] (Introduced 09/26/2019)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 09/26/2019 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2588 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (09/26/2019)
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.