A bill to amend the Internal Revenue Code of 1986 to allow a credit against income tax for the installation of residential micro-combined heat and power property.
About This Bill
Committee
Latest Action · May 7, 2009
Read twice and referred to the Committee on Finance.
Amends the Internal Revenue Code to make qualified micro-combined heat and power property expenditures eligible for the 30% tax credit for residential energy efficient property expenditures. Defines "qualified micro-combined heat and power property expenditures" as expenditures for a residential heating and electrical power generating system that has a fuel use efficiency rating of not less than 80% and operates with a rated capacity of at least 1, but not more than 30, kilowatts of electricity.
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