[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5765 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 5765

To amend the Internal Revenue Code of 1986 to increase for 2 years the 
residential energy credit and the investment tax credit with respect to 
  solar property with a nameplate capacity of less than 20 kilowatts.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 15, 2010

   Ms. Linda T. Sanchez of California (for herself and Mr. Polis of 
  Colorado) 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 increase for 2 years the 
residential energy credit and the investment tax credit with respect to 
  solar property with a nameplate capacity of less than 20 kilowatts.

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

SECTION 1. TWO-YEAR INCREASE FOR CERTAIN SOLAR PROPERTY EXPENDITURES.

    (a) In General.--Subsection (e) of section 25D of the Internal 
Revenue Code of 1986 is amended by adding at the end the following new 
paragraph:
            ``(9) Two-year increase for certain solar property 
        expenditures.--In the case of qualified solar electric property 
        expenditures for taxable years beginning during 2010 or 2011 
        with respect to property which has a nameplate capacity of less 
        than 20 kilowatts (or thermal energy equivalent), subsection 
        (a)(1) shall be applied by substituting `50 percent' for `30 
        percent'.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2009.

SEC. 2. TWO-YEAR INCREASE FOR CERTAIN SOLAR PROPERTY.

    (a) In General.--Subsection (c) of section 48 of the Internal 
Revenue Code of 1986 is amended by adding at the end the following new 
paragraph:
            ``(5) Two-year increase for certain solar property.--In the 
        case of property which--
                    ``(A) uses solar energy to generate electricity, to 
                heat water, or to heat or cool a structure,
                    ``(B) is placed in service during 2010 or 2011, and
                    ``(C) has a nameplate capacity of less than 20 
                kilowatts (or thermal energy equivalent),
        the energy percentage shall be 50 percent.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to property placed in service after December 31, 2009.
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