US HB8930 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on December 9 2020 - 25% progression, died in committee
Action: 2020-12-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 9 2020 - 25% progression, died in committee
Action: 2020-12-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Energy Efficient Qualified Improvement Property Act of 2020 or the E-QUIP Act allow straight line depreciation over a 10-year period of energy efficient qualified improvement property. The bill defines energy efficient qualified improvement property as any improvement to a building that is nonresidential real property, or multifamily residential rental property, first placed in service more than 10 year before the enactment of this bill, and that is installed as part of the lighting system, the heating, cooling, ventilation, or hot water systems, or the building envelope. The improvement must meet specified performance and other requirements.
Title
Energy Efficient Qualified Improvement Property Act of 2020 E–QUIP Act
Sponsors
Rep. Bradley Schneider [D-IL] | Rep. Tom Rice [R-SC] |
History
Date | Chamber | Action |
---|---|---|
2020-12-09 | House | Referred to the House Committee on Ways and Means. |
2020-12-09 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/8930/all-info |
Text | https://www.congress.gov/116/bills/hr8930/BILLS-116hr8930ih.pdf |