S. 2314 · 110th Congress
Geothermal Heat Pump Development Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SalazarSponsor20 cosponsors · 11 D, 9 R
R
Inhofe
JT
D
Tester
MC
D
Cantwell
DS
D
Stabenow
SC
R
Collins
JK
D
Kerry
RW
D
Wyden
LA
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Alexander
LC
R
Craig
JB
D
Bingaman
LM
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Murkowski
CS
D
Schumer
GS
R
Smith
BL
D
Lincoln
PD
R
Domenici
OS
R
Snowe
JS
R
Sununu
BB
D
Boxer
KC
D
Conrad
BN
D
Nelson2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Geothermal Heat Pump Development Act of 2007 - Amends the Internal Revenue Code to: (1) to include equipment that uses the ground or ground water as a thermal energy source or sink to heal or cool a structure (i.e., geothermal heat pump systems) as energy property for purposes of the energy tax credit; (2) allow a residential energy efficient property tax…
What it does: CRS summary · Introduced in Senate · Nov 6, 2007
Geothermal Heat Pump Development Act of 2007 - Amends the Internal Revenue Code to: (1) to include equipment that uses the ground or ground water as a thermal energy source or sink to heal or cool a structure (i.e., geothermal heat pump systems) as energy property for purposes of the energy tax credit; (2) allow a residential energy efficient property tax credit for 30% of qualified geothermal heat pump property expenditures; and (3) allow accelerated three-year depreciation of geothermal heat pump systems.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Geothermal Heat Pump Development Act of 2007
Latest action (Nov 6, 2007): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Nov 6, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.