HR 2776 [RE-wrenches]

[Marco Mangelsdorf]

A provision of the energy bill passed by the U.S. House last week:
Provides no extension of the existing 30 percent Investment Tax Credit for
homeowners under Section 25 of the tax code, but eliminates the existing
$2,000 maximum dollar limitation
 
Does this mean that there will be a 30 percent tax credit for residential
systems with no monetary cap but that this will only be in effect during
2008?
 
thanks,
marco

Marco Mangelsdorf, Ph.D., President
Electrical Contractor License C-26351
69 Railroad Avenue, A-7
Hilo, Hawai'i 96720
(808) 969-3281, 934-7462 facsimile
www.provisiontechnologies.com 

 

 


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