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.