H.R.3395 - Home Energy Savings Act117th Congress (2021-2022) |
|Sponsor:||Rep. Gomez, Jimmy [D-CA-34] (Introduced 05/20/2021)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 05/20/2021 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.3395 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (05/20/2021)
Home Energy Savings Act
This bill reinstates and extends through 2028 the tax credit for nonbusiness energy property. It increases the rate of such credit from 10% to 15% and raises the lifetime cap on such credit from $500 to $1,200.
The bill increases credit amounts for the investment in energy efficient building property (e.g., electric heat pump water heater, electric heat pump, central air conditioner, or natural gas, propane, or oil water heater) and provides for increased caps on investment in doors and windows in a residence.