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United States · Bill · S

S. 3591 (112th)

Commercial Building Modernization Act

referredUnited States· United States Congress· EN

Introduced

20 September 2012

Last action

20 September 2012 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Snowe, Olympia J. [R-ME], Sen. Bingaman, Jeff [D-NM], Sen. Feinstein, Dianne [D-CA], Sen. Cardin, Benjamin L. [D-MD]

Subjects

Housing, Energy, Taxation

Source updated

14 August 2025

Housing · Energy · Taxation

Official sourceDownload fileView documentsShare

Summary

Commercial Building Modernization Act- Amends the Internal Revenue Code, with respect to the tax deduction for energy-efficient commercial buildings, to: (1) extend such deduction through 2016; (2) include within the definition of "property" for purposes of such deduction a commercial building and a multifamily building (a structure of five or more dwelling units used as residential housing); (3) increase the maximum amount of such deduction; and (4) adopt the updated standard of the American Society of Heating, Refrigerating, and Air Conditioning Engineers and the Illuminating Engineering Society of North America applicable to property eligible for such deduction. Allows through 2016 a new tax deduction for the cost of retrofitting existing commercial and multifamily buildings.

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

Timeline

  1. 20 September 2012

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 20 September 2012

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 20 September 2012

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 20 September 2012

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 20 September 2012

    Open at official source

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Sponsors

Related records

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Sources

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