Code · BILL · 114th Congress · H.R. 2073 (Introduced in House) — To provide for the establishment of a Home Energy Savings Retrofit Rebate Program, and for other purposes. · Sec. 13

Sec. 13. Treatment of rebates

134 words·~1 min read·/bill/114/hr/2073/ih/section-13

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For purposes of the Internal Revenue Code of 1986, rebates received for a qualified home energy efficiency retrofit under this Act— shall not be considered taxable income to a homeowner; and shall prohibit the consumer from applying for a tax credit allowed under section 25C or 25D of that Code for the same retrofit work performed in the home of the homeowner. If the work is additional, and not included in the rebate baseline, a homeowner may claim the credit. A participating contractor shall provide notice to a homeowner of the provisions of subsection

(a)before eligible work is performed in the home of the homeowner. A homeowner shall be notified of the provisions of subsection

(a)in the appropriate rebate form developed by the Secretary, in consultation with the Secretary of the Treasury.