To amend the Internal Revenue Code of 1986 to double the dollar limitation for the energy efficient home improvement credit with respect to heat pumps, heat pump water heaters, biomass stoves, and boilers.

This bill would increase the tax credit limit for certain home heating equipment from $2,000 to $4,000. The credit covers 30% of the cost of electric or natural gas heat pumps, electric or natural gas heat pump water heaters, biomass stoves, or biomass boilers for your main home. Currently, taxpayers can get up to $2,000 back for these specific items, and may also qualify for up to $1,200 in credits for other energy-efficient property, allowing some people to get a maximum of $3,200 total.

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