113 HR 3772 IH: Home Heating and Cooling Efficiently Act U.S. House of Representatives 2013-12-12 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 113th CONGRESS 1st Session H. R. 3772 IN THE HOUSE OF REPRESENTATIVES December 12, 2013 Mr. Welch introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to increase to $500 the residential energy property expenditures limitation with respect to heat pumps for purposes of the credit for nonbusiness energy property.

1.

Short title

This Act may be cited as the Home Heating and Cooling Efficiently Act.

2.

Increase in limitation with respect to fuel pumps for nonbusiness energy property credit

(a)

In general

Subparagraph (C) of section 25C(b)(3) of the Internal Revenue Code of 1986 is amended by inserting (other than an electric heat pump described in subparagraph (A) or (B) of subsection (d)(3)) before the period at the end. (b)

Effective date

The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.