A bill to amend the Internal Revenue Code of 1954 to provide a tax credit to home builders for the construction of residences incorporating certain solar energy utilization characteristics.

Summary

Amends the Internal Revenue Code to allow a builder of a new residential unit which incorporates a passive solar energy system a credit against the income tax in an amount (not to exceed $3,000 per residential unit) determined under a solar construction credit table. Directs the Secretary of the Treasury after consultation with the solar construction credit table for eight categories of residential units, energy savings per residential unit. Limits such tax credit to residential units constructed between September 30, 1980, and January 1, 1986. Specifies the general contents of a passive solar energy system.

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Timeline

1. 6 June 1980

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 6 June 1980

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 6 June 1980

  Open at official source

Sponsors

• Sen. Hart, Gary W. [D-CO] · D · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
• Sen. Cranston, Alan [D-CA] · D · Cosponsor
• Sen. Sarbanes, Paul S. [D-MD] · D · Cosponsor
• Sen. Heflin, Howell [D-AL] · D · Cosponsor
• Sen. Metzenbaum, Howard M. [D-OH] · D · Cosponsor
• Sen. Tsongas, Paul E. [D-MA] · D · Cosponsor
• Sen. Bradley, Bill [D-NJ] · D · Cosponsor
• Sen. Percy, Charles H. [R-IL] · R · Cosponsor
• Sen. Williams, Harrison A., Jr. [D-NJ] · D · Cosponsor
• Sen. Stewart, Donald [D-AL] · D · Cosponsor
• Sen. Domenici, Pete V. [R-NM] · R · Cosponsor
• Sen. Baucus, Max [D-MT] · D · Cosponsor
• · ssfi00 · Standing

Related records

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