Home Energy Savings Incentives Act of 2005

Summary

Home Energy Savings Incentives Act of 2005 - Amends the Internal Revenue Code to revise the tax credit for nonbusiness energy property enacted by the Energy Policy Act of 2005 to allow an individual taxpayer a credit equal to $10 for each therm of certified natural gas savings and $0.65 for each kilowatt hour of certified electricity savings attributable to energy efficiency improvements made to the taxpayer's principal residence. Limits the amount of such credit to $5,000, less credits received for all prior taxable years. Requires the Secretary of the Treasury to prescribe the manner and method for making energy savings certifications for purposes of the tax credit. Terminates the credit after December 31, 2007.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 December 2005

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 December 2005

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• Introduced in Senate

  summary · EN · 15 December 2005

  Open at official source

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