- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
House Committee on Ways and MeansIntroducedDecember 12th, 2013
- house Committees
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Home Heating and Cooling Efficiently Act
To amend the Internal Revenue Code of 1986 to increase to $500 the residential energy property expenditures limitation with respect to heat pumps for purposes of the credit for nonbusiness energy property.
Home Heating and Cooling Efficiently Act - Amends the Internal Revenue Code to exempt electric heat pumps and water heaters from the $300 limitation on residential energy property expenditures for purposes of the tax credit for nonbusiness energy efficiency expenditures (thus making the maximum $500 limitation on energy efficiency improvements applicable to such heat pumps and water heaters).