E–QUIP Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 9, 2020)
Energy Efficient Qualified Improvement Property Act of 2020 or the E-QUIP Act
This bill allow straight line depreciation over a 10-year period of energy efficient qualified improvement property. The bill defines energy efficient qualified improvement property as any improvement to a building that is nonresidential real property, or multifamily residential rental property, first placed in service more than 10 year before the enactment of this bill, and that is installed as part of the lighting system, the heating, cooling, ventilation, or hot water systems, or the building envelope. The improvement must meet specified performance and other requirements.
What just happenedDec 9, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseDec 9, 2020
- Dec 9, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Dec 9, 2020IntroReferralIntro-H
Introduced in House
- Dec 9, 2020IntroReferral1000
Introduced in House