Congress·In Committee·S. 1345
America's First Fuels Act
Congress Proposes Bigger Tax Credits for Biomass Stoves and New 30% Credit for Biomass Heating
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Stalled
No legislative action in over 90 days.
Legislative Progress
Senate
Key Points
- Congress would raise the tax-credit cap for some home energy upgrades that include biomass stoves and boilers.
- Starting after Dec. 31, 2025, the bill sets a $2,000 limit for one group of qualifying items and a $10,000 limit for another group that includes biomass equipment.
- The bill would create a new 30% investment tax credit for certain biomass heating property used to make heat, hot water, or steam for buildings or industrial uses.
- To qualify for the new 30% credit, boilers and furnaces would have to meet efficiency, indoor-installation, size, and emissions-control requirements.
- If passed, this could lower upfront costs for some homeowners and businesses that install qualifying biomass heating systems, but savings depend on tax situation and project costs.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Mixed Impacts(3)
Positive Impacts(6)
Milestones
2 milestones2 actions
Apr 8, 2025
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Apr 8, 2025
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
America's First Fuels Act
Bill NumberS 1345
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.
Data Sources
Sponsor
Cosponsors
(4)D: 2R: 2
Analysis generated by AI. Always verify with official sources.