Summary

A bill to amend the Internal Revenue Code of 1986 to provide that solar energy property need not be located on the property with respect to which it... Read More

Status

This bill was introduced on May 26, 2011, in a previous session of Congress, but was not passed.

Date Introduced
May 26, 2011

Co-Sponsors

Bill Text

A BILL

To amend the Internal Revenue Code of 1986 to provide that solar energy property need not be located on the property with respect to which it is generating electricity in order to qualify for the residential energy efficient property credit.

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 ``Solar Uniting Neighborhoods (SUN) Act of 2011''.

SEC. 2. CLARIFICATION WITH RESPECT TO LOCATION OF SOLAR ELECTRIC PROPERTY.

(a) In General.--Paragraph (2) of section 25D(d) of the Internal Revenue Code of 1986 is amended to read as follows: ``(2) Qualified solar electric property expenditure.-- ``(A) In general.--The term `qualified solar electric property expenditure' means an expenditure for property which uses solar energy to generate electricity-- ``(i) for use in a dwelling unit located in the United States and used as a residence by the taxpayer, or ``(ii) which enters the electrical grid at any point which is not more than 50 miles from the point at which such a dwelling unit used as a residence by the taxpayer is connected to such grid, but only if such property is not used in a trade or business of the taxpayer or in an activity with respect to which a deduction is allowed to the taxpayer under section 162 or paragraph (1) or (2) of section 212. ``(B) Recapture.--The Secretary may provide for the recapture of the credit under this subsection...

Read Full Text

Sentiment Map

Select:

Nation

0 Supporting
0 Opposing
0% 0%

State: CA

0 Supporting
0 Opposing
0% 0%

District: 1st

0 Supporting
0 Opposing
0% 0%

Popularity Trend

Organizations Supporting

The Solar Uniting Neighborhoods (SUN) Act allows homeowners that participate in community solar programs to utilize the existing residential solar tax credit. Community solar allows individuals to purchase "shares" of a collectively-owned solar system, which entitles them to receive some of the electricity generated by that system. These projects make it possible for those living in apartments or historic properties to go solar, but they are currently prohibited from using the existing federal solar tax incentives.

Share

Organizations Opposing

No organizations opposing yet.

Users Supporting

No constiutents supporting yet.

Users Opposing

No constituents opposing yet.

Bill Summary

A bill to amend the Internal Revenue Code of 1986 to provide that solar energy property need not be located on the property with respect to which it is generating electricity in order to qualify for the residential energy efficient property credit.

S. 1092 AIR Act of 2011 S. 1094 Combating Autism Reauthorization Act
54.157.198.18