3.0.0 2105 2023-01-13T04:49:18Z 2023-01-13T04:49:18Z Senate S S 2005-12-15 109 ssfi00 Finance Committee Senate Standing Referred to 2005-12-15T16:28:15Z 2005-12-15 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2005-12-15 Introduced in Senate IntroReferral 10000 9 Library of Congress C001057 Sen. Coleman, Norm [R-MN] Norm Coleman R MN N Taxation Electric power Energy Energy conservation Energy efficiency Home repair and improvement Housing and Community Development Income tax Natural gas Tax credits Taxation 00 2005-12-15 Introduced in Senate 2006-01-21T15:07:04Z Home Energy Savings Incentives Act of 2005 - Amends the Internal Revenue Code to revise the tax credit for nonbusiness energy property enacted by the Energy Policy Act of 2005 to allow an individual taxpayer a credit equal to $10 for each therm of certified natural gas savings and $0.65 for each kilowatt hour of certified electricity savings attributable to energy efficiency improvements made to the taxpayer's principal residence. Limits the amount of such credit to $5,000, less credits received for all prior taxable years.

Requires the Secretary of the Treasury to prescribe the manner and method for making energy savings certifications for purposes of the tax credit.

Terminates the credit after December 31, 2007.

]]> Home Energy Savings Incentives Act of 2005 Display Title Home Energy Savings Incentives Act of 2005 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to modify the credit for nonbusiness energy property so that the amount of the credit is determined based on the amount of energy savings achieved by the taxpayer. Introduced in Senate IS Short Titles as Introduced Home Energy Savings Incentives Act of 2005 Introduced in Senate 2005-12-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2105is/xml/BILLS-109s2105is.xml 2005-12-15 Read twice and referred to the Committee on Finance. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.