[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3660 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 3660

   To amend the Internal Revenue Code of 1986 to promote tax parity 
      between the residential and business fuel cell tax credits.


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 29, 2009

Mr. Wu (for himself and Mrs. Bono Mack) 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 promote tax parity 
      between the residential and business fuel cell tax credits.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fuel Cell Tax Parity Act of 2009''.

SEC. 2. MODIFICATION OF CREDIT FOR RESIDENTIAL ENERGY EFFICIENT 
              PROPERTY.

    (a) Maximum Credit Conformed to Business Credit.--
            (1) In general.--Paragraph (1) of section 25D(b) of the 
        Internal Revenue Code of 1986 is amended by striking ``$500'' 
        and inserting ``$1,500''.
            (2) Conforming amendment.--Subparagraph (A) of section 
        25D(e)(4) of such Code is amended by striking ``$1,667'' and 
        inserting ``$5,000''.
    (b) Removal of Principal Residence Requirement for Qualified Fuel 
Cell Property Expenditures.--Paragraph (3) of section 25D(d) of such 
Code is amended by striking ``used as a principal residence (within the 
meaning of section 121) by the taxpayer'' and inserting ``used as a 
residence by the taxpayer''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after the date of the enactment of this 
Act.
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