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Adds qualified “natural carbon sink expenditures” to the existing energy efficient home improvement tax credit, so homeowners can claim the credit for certain new materials that increase a home’s ability to store carbon. The change sets rules for where materials must be installed, requires the claimant to own the home, requires materials be new to the taxpayer and expected to last at least five years, and applies only to property placed in service after enactment.
Referred to the House Committee on Ways and Means.
Introduced May 9, 2025 by Glenn Thompson · Last progress May 9, 2025
Referred to the House Committee on Ways and Means.
Introduced in House