3.0.0 1197 2022-11-01T19:47:15Z 2022-11-05T19:24:36Z Senate S 2019-04-11 116 ssfi00 Finance Committee Senate Standing Referred to 2019-04-11T19:50:26Z 2019-04-11 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-04-11 Introduced in Senate IntroReferral 10000 9 Library of Congress M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. N W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2020-07-22 False Taxation Building construction Electric power generation and transmission Energy efficiency and conservation Income tax credits Residential rehabilitation and home repair Taxation 00 2019-04-11 Introduced in Senate 2019-11-06T15:58:45Z All-Electric Homes Act of 2019

This bill establishes a tax credit for contractors that construct new all-electric homes.

The credit applies to new homes that

  • are constructed by the contractor,
  • are acquired by a person from the contractor for use as a residence during the year,
  • have appliances and mechanical systems that are powered solely by electricity,
  • do not have a gas line or gas service, and
  • meet specified energy efficiency standards.

For a single-family residence, the credit is equal to $5,000. For a multi-family residence, the credit is equal to $1,750, multiplied by the total number of residential units.

]]> All-Electric Homes Act of 2019 Display Title All-Electric Homes Act of 2019 Short Title(s) as Introduced All-Electric Homes Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to establish a tax credit for construction of new all-electric homes. Introduced in Senate IS Introduced in Senate 2019-04-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1197is/xml/BILLS-116s1197is.xml 2019-04-11 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.