2009 House Bill 5255

Authorize heat pump income tax credit

Introduced in the House

Aug. 19, 2009

Introduced by Rep. Kimberly Meltzer (R-33)

To authorize a refundable income tax credit of 30 percent of the cost of purchasing and installing a geothermal heat pump in a principal residence during 2010 only. Refundable means that if a taxpayer’s credit exceeds his or her tax liability then the state sends a check for the difference.

Referred to the Committee on Energy and Technology