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United States · Bill · S

S. 3722 (93rd)

A bill to amend the Internal Revenue Code of 1954 to allow a deduction for certain expenses incurred for installation of solar heating and cooling systems.

referredUnited States· United States Congress· EN

Introduced

27 June 1974

Last action

27 June 1974 · Introduced

Status

Referred to Senate Committee on Finance.

Sponsors

Sen. Domenici, Pete V. [R-NM], Sen. Humphrey, Hubert H. [D-MN], Sen. McGovern, George [D-SD], Sen. Dominick, Peter H. [R-CO], Sen. Inouye, Daniel K. [D-HI]

Subjects

Taxation

Source updated

1 August 2024

Taxation

Summary

Allows a tax deduction, under the Internal Revenue Code, for expenses of purchasing and installing solar heating and cooling equipment in residences. Limits such tax deduction to $5,000, and allows such deduction to be taken over a 60 month period.

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

Timeline

  1. 27 June 1974

    Introduced

    Referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 27 June 1974

    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

Leesvertaling

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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