A bill to amend the Internal Revenue Code of 1954 to provide a tax credit for the purchase and installation of certain energy conserving devices in a taxpayer's principal residence and in other buildings.
Solar Energy and Energy Conservation Act - Amends the Internal Revenue Code to allow individuals alternative income tax deductions or credits for insulation installation, heating improvements and conversion to solar heating and cooling in their principal residences. Allows a tax credit for the same improvements in commercial buildings.
Introduced in Senate
Referred to Senate Committee on Finance.
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