S.1526: Mechanical Insulation Installation Incentive Act of 2011

About This Bill

Bill Summary

Mechanical Insulation Installation Incentive Act of 2011 - Amends the Internal Revenue Code to allow an additional tax deduction for the cost of installing mechanical insulation property. Limits the amount of such deduction to the lesser of 30% or the reduction in energy loss from the installed mechanical insulation property compared to property that meets the minimum requirements of American Society of Heating, Refrigerating and...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Sept. 8, 2011

Introduced in the Senate by Kirsten E. Gillibrand (D-N.Y.)

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