A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the credit for biomass stoves and boilers.
This bill increases the tax credit limit for homeowners installing qualifying biomass stoves and boilers. It raises the maximum credit to $2,000 for certain stoves/boilers and $8,000 for others under the energy efficient home improvement tax credit. The change directly affects homeowners who purchase and install eligible biomass heating systems after December 31, 2022. The policy amendment modifies the Internal Revenue Code to expand the financial incentive for these energy-efficient home upgrades.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
President
Introduced Jan 24, 2023
Last action Jan 24, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 24, 2023
Committee
Read twice and referred to the Committee on Finance.
upper
Jan 24, 2023
Introduced
Introduced in Senate
upper
1 primary · 4 co-sponsors
Sponsors
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