HB2506
Income tax, state; energy-efficient homes tax credits.
Summary
As Introduced. Income tax; energy-efficient homes tax credits.
Authorizes an eligible contractor, defined in the bill, or an eligible purchaser, also defined in the bill, to claim a nonrefundable income tax credit, during taxable years 2025 through 2029, in an amount equal to $2,000 per construction or purchase of a qualified new energy-efficient home and $4,000 per construction ... (More) or purchase of a zero energy ready home, as those terms are defined in the bill. The bill clarifies that either an eligible contractor or an eligible purchaser, but not both, shall be able to claim the credit for any single qualified new energy-efficient or zero energy ready home, as applicable, and establishes a maximum credit amount that an eligible contractor may claim per taxable year of $500,000. (Less)-
Bill History
- 01/08/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25104389D
- 01/08/2025 - House: Referred to Committee on Finance
- 01/24/2025 - House: Assigned Finance sub: Subcommittee #2
- 01/25/2025 - House: Placed on Finance Agenda
- 01/27/2025 - House: Impact statement from TAX (HB2506)
- 01/28/2025 - House: Subcommittee recommends incorporating into HB2086-Shin (Voice Vote)
- 02/04/2025 - House: Left in Finance
