110 HR 2298 IH: To amend the Internal Revenue Code of 1986 to make geothermal heat pump systems eligible for the energy credit. U.S. House of Representatives 2007-05-14 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 110th CONGRESS 1st Session H. R. 2298 IN THE HOUSE OF REPRESENTATIVES May 14, 2007 Mr. Gordon of Tennessee (for himself, Mr. Cooper, and Ms. Loretta Sanchez of California) 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 make geothermal heat pump systems eligible for the energy credit.

1.

Geothermal heat pump systems treated as energy property

(a)

In general

Subparagraph (A) of section 48(a)(3) is amended by striking or at the end of clause (iii), by inserting or at the end of clause (iv), and by adding at the end the following new clause: (v)equipment which uses the ground or ground water as a thermal energy source to heat a structure or as a thermal energy sink to cool a structure,. (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.