To amend the Internal Revenue Code of 1986 to provide credits for individuals and businesses for the installation of certain wind energy property.
Home and Farm Wind Energy Systems Act of 2006 - Amends the Internal Revenue Code to allow a tax credit for 30% (10% after December 31, 2015) of the cost of installing qualified wind energy property. Defines "qualified wind energy property" as an electricity-generating wind turbine of 100 kilowatts of rated capacity or less which is installed in a dwelling unit or other property located in the United States and which meets the latest rating standards published by the American Wind Energy Association.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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