Energy Cost and Tax Relief Act
Last action on Jun 28, 2001Referred to the House Committee on Ways and Means.
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Summary
Energy Cost and Tax Relief Act- Amends the Internal Code to provide, for an individual, tax credits equal to 50 percent of: (1) the expenditures (up to a limit of $2,500 annually for each dwelling unit) for qualified energy conservation property during a year; and (2) the expenditures (up to a limit of $2,500 annually) for the purchase of any qualified appliance.
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