Next Generation Homes Act of 2009 - Amends the Internal Revenue Code to: (1) increase the dollar limits on the new energy efficient home tax credit and revise the energy savings requirements for such credit; and (2) allow a new tax credit for the purchase of an energy efficient principal residence.
[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2649 Introduced in House (IH)]
111th CONGRESS
1st Session
H. R. 2649
To amend the Internal Revenue Code of 1986 to modify the new energy
efficient home credit and to provide a credit against tax for the
purchase of certain energy efficient homes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 2, 2009
Ms. Bean introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to modify the new energy
efficient home credit and to provide a credit against tax for the
purchase of certain energy efficient homes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Next Generation Homes Act of 2009''.
SEC. 2. MODIFICATION OF NEW ENERGY EFFICIENT HOME CREDIT.
(a) In General.--
(1) Modification of credit amount.--Paragraph (2) of
section 45L(a) of the Internal Revenue Code of 1986 (relating
to applicable amount) is amended to read as follows:
``(2) Applicable amount.--For purposes of paragraph (1),
the applicable amount is an amount equal to--
``(A) in the case of an Energy Star Home, $700,
``(B) in the case of an Energy Plus Home, $2,000,
``(C) in the case of an Energy Saver Home, $5,000,
and
``(D) in the case of Zero Energy Home, $10,000.''.
(2) Modification of energy saving requirement.--Subsection
(c) of section 45L of such Code is amended to read as follows:
``(c) Energy Savings Requirements.--
``(1) In general.--A dwelling unit meets the energy savings
requirements of this subsection if such unit is described in
paragraph (2).
``(2) Applicable dwelling units.--For purposes of this
section--
``(A) Energy star home.--The term `Energy Star
Home' means a dwelling unit which meets the
requirements established by the Administrator of the
Environmental Agency under the Energy Star Labeled
Homes program.
``(B) Energy plus home.--The term `Energy Plus
Home' means a dwelling unit which is certified under
the most recent Mortgage Industry National Home Energy
Rating Systems Standards as having a relative energy
use index value of more than 50, but not more than 70.
``(C) Energy saver home.--The term `Energy Saver
Home' means a dwelling unit which meets the
requirements of subparagraph (B) applied by
substituting `0' for `50' and `50' for `70'.
``(D) Zero energy home.--The term `Zero Energy
Home' means a dwelling unit which meets the
requirements of subparagraph (B) applied by
substituting `0' for `more than 50, but not more than
70'.''.
(3) Modification of termination.--Subsection (g) of section
45L of such Code (relating to termination) is amended to read
as follows:
``(g) Termination.--This section shall not apply to any qualified
new energy efficient home acquired after--
``(1) in the case of an Energy Star Home, December 31,
2011,
``(2) in the case of a Energy Star Home, December 31, 2013,
``(3) in the case of a Energy Plus Home, December 31, 2015,
and
``(4) in the case of a Zero Energy Home, December 31,
2018.''.
(b) Effective Date.--The amendments made by this section shall
apply to new energy efficient homes acquired after December 31, 2008.
SEC. 3. ENERGY EFFICIENT RESIDENCE CREDIT.
(a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 is amended by inserting after
section 25D the following new section:
``SEC. 25E. ENERGY EFFICIENT RESIDENCE CREDIT.
``(a) In General.--In the case of an individual who purchases a
qualified energy efficient residence in the United States during a
taxable year, there shall be allowed as a credit against the tax
imposed by this chapter for such taxable year an amount equal to the
applicable amount determined under subsection (c).
``(b) Qualified Energy Efficient Residence.--For purposes of this
section, the term `qualified energy efficient residence' means any
principal residence (within the meaning of section 121) of the taxpayer
which is an Energy Star Home, Energy Plus Home, Energy Saver Home, or
Zero Energy Home (as each is defined in section 45L(c)(2)).
``(c) Applicable Amount.--For purposes of this section--
``(1) In general.--The applicable amount shall be--
``(A) in the case of an Energy Star Home, $700,
``(B) in the case of an Energy Plus Home, $2,000,
``(C) in the case of an Energy Saver Home, $5,000,
and
``(D) in the case of Zero Energy Home, $10,000.
``(2) Married filing separately.--In the case of a married
individual filing a separate return, the applicable amount
shall be 50 percent of the amount in effect under paragraph (1)
applicable to the qualified energy efficient home involved.
``(3) Other individuals.--If two or more individuals who
are not married purchase a principal residence, the amount of
the credit allowed under subsection (a) shall be allocated
among such individuals in such manner as the Secretary may
prescribe, except that the total amount of the credits allowed
to all such individuals shall not exceed the amount in effect
under paragraph (1) applicable to the qualified energy
efficient home involved.
``(d) Definition and Special Rules.--For purposes of this section--
``(1) Purchase.--The term `purchase' shall have the meaning
given such term by section 36.
``(2) Rules made applicable.--Rules similar to the rules of
subsections (d) and (f) of section 36 shall apply. For purposes
of the preceding sentence, such subsection (f) shall be applied
without regard to paragraph (4)(D) thereof.
``(e) Termination.--This section shall not apply to any qualified
energy efficient residence purchased after--
``(1) in the case of an Energy Star Home, December 31,
2011,
``(2) in the case of a Energy Star Home, December 31, 2013,
``(3) in the case of a Energy Plus Home, December 31, 2015,
and
``(4) in the case of a Zero Energy Home, December 31,
2018.''.
(b) Clerical Amendment.--The table of sections for subpart A of
part IV of subchapter A of chapter 1 of such Code is amended by
inserting after the item relating to section 25D the following new
item:
``Sec. 25E. Energy efficient residence credit.''.
(c) Effective Date.--The amendments made by this section shall
apply to residences purchased after the date of the enactment of this
Act.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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