Summary: S.891 — 117th Congress (2021-2022)All Information (Except Text)

There is one summary for S.891. Bill summaries are authored by CRS.

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Introduced in Senate (03/23/2021)

Air Source Heat Pump Act of 2021

This bill allows a new refundable tax credit for qualified air source heat pump expenditures. The bill defines qualified air source heat pump expenditures as expenditures for property that uses an air source heat pump to heat and cool a dwelling unit located in the United States and used as the taxpayer's principal residence. The air source heat pump must also meet specified performance and other requirements.