3.0.0 3591 2019-11-15T21:52:20Z 2019-11-15T21:52:20Z Senate S S 2012-09-20 112 ssfi00 Finance Committee Senate Standing Referred to 2012-09-20T19:36:47Z 2012-09-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2012-09-20 Introduced in Senate IntroReferral 10000 9 Library of Congress S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. N B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS 2012-09-20 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2012-09-20 True C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2012-09-20 True Taxation Administrative law and regulatory procedures Building construction Business investment and capital Department of the Treasury Energy efficiency and conservation Income tax deductions Lighting, heating, cooling Low- and moderate-income housing Real estate business Residential rehabilitation and home repair Taxation 00 2012-09-20 Introduced in Senate 2012-11-06T13:22:14Z Commercial Building Modernization Act- Amends the Internal Revenue Code, with respect to the tax deduction for energy-efficient commercial buildings, to: (1) extend such deduction through 2016; (2) include within the definition of "property" for purposes of such deduction a commercial building and a multifamily building (a structure of five or more dwelling units used as residential housing); (3) increase the maximum amount of such deduction; and (4) adopt the updated standard of the American Society of Heating, Refrigerating, and Air Conditioning Engineers and the Illuminating Engineering Society of North America applicable to property eligible for such deduction.

Allows through 2016 a new tax deduction for the cost of retrofitting existing commercial and multifamily buildings.

]]> Commercial Building Modernization Act Short Titles as Introduced Commercial Building Modernization Act Display Title Commercial Building Modernization Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to improve and extend the deduction for new and existing energy-efficient commercial buildings, and for other purposes. Introduced in Senate 2012-09-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3591is/xml/BILLS-112s3591is.xml 2012-09-20 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.