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- S.2314
S.2314: Geothermal Heat Pump Development Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Nov. 6, 2007
- Latest Major Action Nov. 6, 2007
Bill Sponsor
Bill Cosponsors
20 (12 Democrats, 9 Republicans)
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Nov. 6, 2007 |
Introduced in the Senate by Ken Salazar (D-Colo.) |