AN ACT ESTABLISHING A TAX CREDIT FOR THE INSTALLATION OF ALTERNATIVE ENERGY-BASED HEATING AND COOLING SYSTEMS.


General Assembly		*Proposed Bill No. 261*
*February Session, 2008*		LCO No. 1111

Referred to Committee on Energy and Technology
Introduced by:
SEN. FREEDMAN, 26^th Dist.

AN ACT ESTABLISHING A TAX CREDIT FOR THE INSTALLATION OF ALTERNATIVE ENERGY-BASED HEATING AND COOLING SYSTEMS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 229 of the general statutes be amended to provide a tax credit of up to five hundred dollars to taxpayers who install solar, geothermal or other alternative energy-based heating and cooling systems in their homes.

Statement of Purpose:

To provide tax credits for the installation of solar, geothermal or other alternative energy-based heating and cooling systems.