109th CONGRESS
1st Session
H. R. 4300
To amend the Internal Revenue Code of 1986 to extend the credit
for residential energy efficient property and certain expiring provisions
of the energy credit.
IN THE HOUSE OF REPRESENTATIVES
November 10, 2005
Mr. FERGUSON (for himself, Mr. BROWN of South Carolina, Mr. GOODE, Mr.
SIMMONS, Mr. SANDERS, and Mr. UDALL of Colorado) introduced the following
bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to extend the credit
for residential energy efficient property and certain expiring provisions
of the energy credit.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Clean and Green Solar Tax Act of 2005'.
SEC. 2. EXTENSION OF CREDIT FOR RESIDENTIAL ENERGY EFFICIENT PROPERTY.
(a) In General- Subsection (g) of section 25D of the Internal Revenue Code
of 1986 is amended by striking `2007' and inserting `2011'.
(b) Effective Date- The amendment made by this section shall apply to property
placed in service after December 31, 2007.
SEC. 3. EXTENSION OF CERTAIN EXPIRING PROVISIONS OF THE ENERGY CREDIT.
(a) In General- Paragraphs (2)(A)(i)(II) and (3)(A)(ii) of section 48(a)
of the Internal Revenue Code of 1986 are each amended by striking `2008'
and inserting `2012'.
(b) Effective Date- The amendments made by this section shall apply to periods
after December 31, 2007, in taxable years ending after such date, under
rules similar to the rules of section 48(m) of the Internal Revenue Code
of 1986 (as in effect on the day before the date of the enactment of the
Revenue Reconciliation Act of 1990).
END
