To amend the Internal Revenue Code of 1986 to provide incentives to reduce energy consumption.
Energy Efficient Technology Tax Act - Establishes: (1) an energy credit based on the energy efficiency of energy properties and passenger vehicles; (2) a reforestation credit; and (3) a credit for certain nonbusiness energy property. Defines terms.
Increases the exclusion allowed from gross income as a "qualified transportation fringe" benefit.
Extends, by five years, the placed in service date of a qualified energy resources facility.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line