The U.S. House approved an infrastructure legislative package – H.R. 2, “The Moving Forward Act” that contains provisions to extend and modernize the federal 45L tax credit for energy efficient homes. Section 90424 of the bill addresses the tax credit. Its main provisions are: Extends the credit from December 31, 2020 to December 31, 2025 Changes the benchmark from 50% more efficient than the 2006 IECC to 15% more efficient than the 2018 IECC Increases the credit from $2,000 to $2,500 RESNET Needs Your Help! Congress Needs to Hear from You RESNET wants to communicate to the U.S. House and Senate leadership the importance of extending and amending the 45L tax credit and how these key changes will enhance energy efficiency and the green housing industry. Please join by clicking on Congressional Letter on 45L Tax Credit and ask congressional leaders to support the extending and amending of the 45L tax credit. Adding your name to the growing list of advocates is quick, easy, and an effective way to make your voice heard. Please make your voice in Congress by signing on the letter by July, 31, 2020.
