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Adds a new category called “qualified energy-efficient draft property” to the federal tax code’s energy-efficiency deduction rules and treats that equipment as energy-efficient commercial building property for purposes of the deduction. The Treasury Secretary must issue implementing regulations (including rules covering rental and leased property); the change applies to property placed in service after the date of enactment.
Read twice and referred to the Committee on Finance.
Introduced May 13, 2025 by Timothy Patrick Sheehy · Last progress 9 months ago
CHEERS Act