Tax credits to homebuilders using passive solar design and building techniques. Hearing before the Committee on Ways and Means, House of Representatives, Ninety-Sixth Congress, Second Session, H. R. 7688, H. R. 7690, and H. R. 8019, September 8, 1980

Book · Tue Jan 01 04:00:00 EST 1980

OSTI ID:6637796

A public hearing was conducted on September 8, 1980 on H.R. 8019, H.R. 7688, and H.R. 7690 to provide a tax credit to homebuilders for the construction of residences incorporating certain passive solar design and building techniques. The bills would amend the Internal Revenue Code to provide a maximum tax credit to the builder of $2,000 for a residential unit incorporating a passive solar energy system if the unit is completed after September 30, 1980. A passive solar energy system would be defined as a system containing a solar collection area, an absorber, a storage mass, a heat distribution method and heat regulation devices. However, swimming pools are explicitly excluded from the bill. The credit would be based on the effectiveness in reducing the energy load and would phase down to $1500 in 1986, $1000 in 1987, and $500 in 1988. No credit would be allowed under the bills for residential units completed after December 31, 1988. In addition, anti-double-dipping rules are provided to coordinate the passive solar energy credit with other government subsidized energy financing. Testimony was heard from representatives of the Department of the Treasury, DOE, other administration officials, Members of Congress, and the General public.

• OSTI ID: 6637796
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
140400 -- Solar Energy-- Environmental Aspects
140901* -- Solar Thermal Utilization-- Space Heating & Cooling
29 ENERGY PLANNING, POLICY, AND ECONOMY
299001 -- Energy Planning & Policy-- Solar-- (1989-)
BUILDINGS
CONSTRUCTION
CONSTRUCTION INDUSTRY
DESIGN
ENERGY SYSTEMS
EQUIPMENT
HEARINGS
HEATING SYSTEMS
HOUSES
INDUSTRY
PASSIVE SOLAR COOLING SYSTEMS
PASSIVE SOLAR HEATING SYSTEMS
RESIDENTIAL BUILDINGS
SOLAR COOLING SYSTEMS
SOLAR EQUIPMENT
SOLAR HEATING SYSTEMS
TAX CREDITS