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United States · Bill · HR

H.R. 4026 (109th)

Middle Class Energy Initiative Act of 2005

referredUnited States· United States Congress· EN

Introduced

7 October 2005

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Middle Class Energy Initiative Act of 2005 - Amends the Internal Revenue Code to allow individuals a $500 tax credit for: (1) gasoline and diesel fuel expenses; and (2) home energy consumption expenses. Denies the credit for taxpayers whose adjusted gross income is twice the state median adjusted gross income. Limits the amortization of geological and geophysical expenses to 90 percent of such expenses.

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Documents

3 official files

Introduced in House (text)

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