| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 616 |
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| 5 | 5 | | To amend the Internal Revenue Code of 1986 to double the dollar limitation |
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| 6 | 6 | | for the energy efficient home improvement credit with respect to heat |
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| 7 | 7 | | pumps, heat pump water heaters, biomass stoves, and boilers. |
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| 8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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| 9 | 9 | | JANUARY22, 2025 |
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| 10 | 10 | | Mr. G |
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| 11 | 11 | | OTTHEIMERintroduced the following bill; which was referred to the |
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| 12 | 12 | | Committee on Ways and Means |
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| 13 | 13 | | A BILL |
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| 14 | 14 | | To amend the Internal Revenue Code of 1986 to double |
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| 15 | 15 | | the dollar limitation for the energy efficient home im- |
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| 16 | 16 | | provement credit with respect to heat pumps, heat pump |
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| 17 | 17 | | water heaters, biomass stoves, and boilers. |
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| 18 | 18 | | Be it enacted by the Senate and House of Representa-1 |
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| 19 | 19 | | tives of the United States of America in Congress assembled, 2 |
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| 20 | 20 | | SECTION 1. INCREASED LIMITATION FOR HEAT PUMP AND 3 |
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| 21 | 21 | | HEAT PUMP WATER HEATERS; BIOMASS 4 |
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| 22 | 22 | | STOVES AND BOILERS. 5 |
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| 23 | 23 | | (a) I |
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| 24 | 24 | | NGENERAL.—Section 25C(b)(5) of the Internal 6 |
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| 25 | 25 | | Revenue Code of 1986 is amended by striking ‘‘$2,000’’ 7 |
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| 26 | 26 | | and inserting ‘‘$4,000’’. 8 |
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| 27 | 27 | | VerDate Sep 11 2014 23:41 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H616.IH H616 |
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| 28 | 28 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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| 29 | 29 | | •HR 616 IH |
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| 30 | 30 | | (b) EFFECTIVEDATE.—The amendment made by 1 |
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| 31 | 31 | | this section shall apply to taxable years beginning after 2 |
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| 32 | 32 | | December 31, 2024. 3 |
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| 33 | 33 | | Æ |
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| 34 | 34 | | VerDate Sep 11 2014 23:41 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H616.IH H616 |
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| 35 | 35 | | ssavage on LAPJG3WLY3PROD with BILLS |
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