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H.R. 3920 — GET Parity Act | PoliFocus

H.R. 3920117th Congress

GET Parity Act

To amend the Internal Revenue Code of 1986 to provide tax credit parity for geothermal heat pump property.

Sponsors

Rep. Suozzi, Thomas R. [D-NY-3]

7 cosponsors

Subjects

Taxation

Summary

Groundsource Exchange Tax Parity Act or the GET Parity Act

This bill makes adjustments to the investment tax credit for geothermal heat pump property, specifically a phasedown of the credit rate through 2023.

Full Text

Legislative Actions

2021-06-15
Introduced in House
2021-06-15
Introduced in House
2021-06-15
Referred to the House Committee on Ways and Means.

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