Amends the Internal Revenue Code to allow a builder of a new residential unit which incorporates a passive solar energy system a credit against the income tax in an amount (not to exceed $3,000 per residential unit) determined under a solar construction credit table.
Directs the Secretary of the Treasury after consultation with the solar construction credit table for eight categories of residential units, energy savings per residential unit.
Limits such tax credit to residential units constructed between September 30, 1980, and January 1, 1986.
Specifies the general contents of a passive solar energy system.
Introduced in Senate
Referred to Senate Committee on Finance.
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