Termination of Energy Efficient Home Improvement Credit
Section 70505 · Sec. 70505 ·
What this chapter is about
This part ends a credit for home energy improvements. It now stops for work put in place after December 31, 2025. It also rewrites the test for an oil furnace or boiler.
“Section 25C(h) is amended by striking "placed in service" and all that follows through "December 31, 2032" and inserting "placed in service after December 31, 2025".”
The section strikes the wording running from placed in service through December 31, 2032 in section 25C(h) of the Internal Revenue Code of 1986 and inserts placed in service after December 31, 2025.
What the document actually says
“Section 25C(h) is amended by striking "placed in service" and all that follows through "December 31, 2032" and inserting "placed in service after December 31, 2025".”
That sentence, in plain words
A run of words is taken out of a tax rule. Shorter wording is put in. It ends the credit for work put in place after December 31, 2025.
What this is about
The end date moves in by seven years. The test still turns on when the work is in place. The tax code is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
“is rated by the manufacturer for use with fuel blends at least 20 percent of the volume of which consists of an eligible fuel.”
The section rewrites section 25C(d)(2)(C) of the Internal Revenue Code of 1986 so that an oil furnace or hot water boiler qualifies where it meets or exceeds 2021 Energy Star efficiency criteria and is rated by the maker for use with fuel blends at least 20 percent of which by volume is an eligible fuel.
What the document actually says
“is rated by the manufacturer for use with fuel blends at least 20 percent of the volume of which consists of an eligible fuel.”
That sentence, in plain words
The maker must rate the unit for a fuel blend. At least a fifth of that blend must be an eligible fuel.
What this is about
The unit must also meet a 2021 energy standard. It may beat it as well. Both tests must be met.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Both things the section does: move the end date, and rewrite the oil furnace and boiler test.
Nothing in the section is left out. It has two subsections and each is recorded.
The section works by amending section 25C of the Internal Revenue Code of 1986, which is not indexed here, so what the credit gives cannot be checked against anything on this site.
