[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4852 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 4852

  To amend the Internal Revenue Code of 1986 to make the credit for a 
            residential energy efficient property permanent.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 29, 2021

  Ms. Sanchez (for herself, Ms. Sewell, and Mr. Gomez) 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 the credit for a 
            residential energy efficient property permanent.

    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 ``Residential Solar Opportunity Act of 
2021''.

SEC. 2. MAKING THE CREDIT FOR A RESIDENTIAL ENERGY EFFICIENT PROPERTY 
              PERMANENT.

    (a) Adjustment of Applicable Percentage.--Section 25D(g) of the 
Internal Revenue Code of 1986 is amended to read as follows:
    ``(g) Applicable Percentage.--For purposes of subsection (a), the 
applicable percentage shall be--
            ``(1) in the case of property placed in service after 
        December 31, 2016, and before January 1, 2027, 30 percent,
            ``(2) in the case of property placed in service after 
        December 31, 2026, and before January 1, 2028, 26 percent,
            ``(3) in the case of property placed in service after 
        December 31, 2027, and before January 1, 2029, 22 percent, and
            ``(4) in the case of property placed in service after 
        December 31, 2028, 10 percent.''.
    (b) Repeal of Termination Date.--Section 25D of such Code is 
amended by striking subsection (h).
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