1.This Act may be cited as the
Heating Energy Assistance Tax Credit
Act of 2009
.
2.Refundable credit
for home heating
(a)Subpart C of part IV
of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to
refundable credits) is amended by inserting after section 36A the following new
section:
36B.
(a)In the case of an
eligible individual, there shall be allowed as a credit against the tax imposed
by this chapter for the taxable year an amount equal to amounts paid or
incurred by the taxpayer during the taxable year to heat the principal place of
abode of the taxpayer.
(b)
(1)Limitation based
on dollar amountThe amount allowed as a credit under subsection
(a) for a taxable year shall not exceed $1,000 ($2,000 in the case of a joint
return).
(2)Limitation based
on adjusted gross incomeIn the case of a taxpayer whose adjusted
gross income for the taxable year—
(A)is greater than
$75,000 but not more than $100,000 (in the case of a joint return, greater than
$150,000 but not more than $200,000), paragraph (1) shall be applied by
substituting $500
for $1,000
(in the case of a
joint return, $1,000
for $2,000
), and
(B)is greater than
$100,000 ($200,000 in the case of a joint return), the amount allowed as a
credit under subsection (a) shall be zero.
(c)For purposes of
this section—
(1)The term eligible individual means any
individual whose principal place of abode is in the United States.
(2)Except
as provided in paragraph (3), such term shall not include any
individual—
(A)who is not a
citizen or lawful permanent resident of the United States, or
(B)with respect to
whom a deduction under section 151 is allowed to another taxpayer for a taxable
year beginning in the calendar year in which such individual’s taxable year
begins.
(3)Special rule for
married individualsIn the case of persons married to each other,
if one spouse is an eligible individual, the other spouse shall be treated as
an eligible individual.
(d)No credit shall be
allowed under subsection (a) for any expense for which a deduction or credit is
allowed under any other provision of this
chapter.
.
(b)
(1)Subparagraph (A)
of section 6211(b)(4) of such Code is amended by inserting 36B,
after 36A,
.
(2)Paragraph (2) of
section 1324(b) of title 31, United States Code, is amended by inserting
36B,
after 36A,
.
(c)The table of
sections for subpart C of part IV of subchapter A of chapter 1 of the Internal
Revenue Code of 1986 is amended by inserting after the item relating to section
36A the following new item:
Sec. 36B. Home heating
credit.
.
(d)The amendments made by
this section shall apply to taxable years beginning after December 31,
2009.