H.R. 3918 · 111th Congress

Thermal Energy Cooling and Heating Act of 2009

Stage
In committee
Introduced
2009-10-22
Latest action
2009-10-22 · Introduced in House

Summary

Thermal Energy Cooling and Heating Act of 2009 - Amends the Internal Revenue Code to allow: (1) a residential energy efficient property tax credit for 30% of expenditures for distributed thermal energy storage property installed in a principal residence; (2) a 30% energy tax credit for investment in qualified distributed thermal storage property prior to 2017; and (3) financing of qualified distributed thermal energy storage property with new clean renewable energy bonds.