S.727: BTU Act of 2015

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Bill Summary

Biomass Thermal Utilization Act of 2015 or the BTU Act of 2015 Amends the Internal Revenue Code to include 30% of qualified biomass fuel property expenditures made in taxable years beginning before 2021 in the residential energy efficient property tax credit. Defines "qualified biomass fuel property expenditure" as an expenditure for property which uses the burning of biomass fuel (a plant-derived fuel available on a renewable or recurring...

(Source: Library of Congress)

Bill Actions

Date Description
March 12, 2015
Read twice and referred to the Committee on Finance.
March 12, 2015

Introduced in the Senate by Angus King (ID-Maine)

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