S 3229
Solar and Geothermal Tax Credit Expansion Act
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Bill overview
This bill, the Solar and Geothermal Tax Credit Expansion Act, extends key tax credits for renewable energy and energy-efficient property. Specifically, it extends the energy tax credit for solar and geothermal properties, as well as credits for microturbines, combined heat and power systems, and geothermal heat pumps, for an additional five years through 2027. It also extends the residential energy efficient property tax credit, providing continued incentives for homeowners to invest in energy-saving improvements.
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