Search Results for keywords:"biomass stoves"

Search Results: keywords:"biomass stoves"

S. 1345 — To amend the Internal Revenue Code of 1986 to increase the limitation on the credit for biomass stoves and boilers and to include biomass heating appliances in the energy credit.
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April 08, 2025
Status:Introduced in Senate
Congress:119
Words:1,028
S. 1345 aims to modify the Internal Revenue Code of 1986 to enhance tax credits for biomass stoves and boilers. It increases the credit limits for installing biomass heating appliances, allowing $2,000 for certain properties and up to $10,000 for others. The bill also...
Simple Explanation
S. 1345 is a proposal to change the tax rules so people get more money back when they buy special heating systems that use wood or other natural materials. It wants to give people up to $10,000 to help pay for these systems, starting after the year 2025.
H. R. 616 — To amend the Internal Revenue Code of 1986 to double the dollar limitation for the energy efficient home improvement credit with respect to heat pumps, heat pump water heaters, biomass stoves, and boilers.
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January 22, 2025
Status:Introduced in House
Congress:119
Words:213
H. R. 616 proposes a change to the Internal Revenue Code to increase the maximum amount of money that people can claim as a tax credit for certain home improvements. Specifically, it aims to double the current limit from $2,000 to $4,000 for the energy-efficient home...
Simple Explanation
This bill wants to let people get more money back on their taxes when they buy certain energy-saving home items like special heaters. It means they could save up to $4,000 each year instead of $2,000, helping people spend less on their energy bills and use less energy.

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