A bill to amend the Internal Revenue Code of 1954 to provide a credit against tax, or in the alternative a deduction, for energy conserving residential expenditures.

Summary

Provides a tax credit under the Internal Revenue Code for 25 percent up to $250 ($125 in the case of a married individual filing separately) of the energy conserving residential expenditures incurred by a taxpayer during the taxable year. Authorizes the taxpayer to elect to deduct up to $1000 of such expenses in lieu of the credit provided by this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 January 1975

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 15 January 1975

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 15 January 1975

  Open at official source

Sponsors

• Sen. Moss, Frank E. [D-UT] · D · Sponsor
• Sen. Hatfield, Mark O. [R-OR] · R · Cosponsor
• Sen. Humphrey, Hubert H. [D-MN] · D · Cosponsor
• Sen. Sparkman, John J. [D-AL] · D · Cosponsor
• Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
• Sen. Cranston, Alan [D-CA] · D · Cosponsor
• Sen. Kennedy, Edward M. [D-MA] · D · Cosponsor
• Sen. Case, Clifford P. [R-NJ] · R · Cosponsor
• Sen. Jackson, Henry M. [D-WA] · D · Cosponsor
• Sen. Buckley, James L. [R-NY] · R · Cosponsor
• Sen. McGee, Gale W. [D-WY] · D · Cosponsor
• Sen. Mathias, Charles McC., Jr. [R-MD] · R · Cosponsor
• · ssfi00 · Standing

Related records

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