A bill to amend the Internal Revenue Code of 1986 to establish a business tax credit for the purchase of zero-emission electric lawn, garden, and landscape equipment, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4021 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4021 To amend the Internal Revenue Code of 1986 to establish a business tax credit for the purchase of zero-emission electric lawn, garden, and landscape equipment, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 5, 2026 Mr. Heinrich (for himself and Mr. Schiff) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a business tax credit for the purchase of zero-emission electric lawn, garden, and landscape equipment, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Promoting Reduction of Emissions through Landscaping Equipment Act''. SEC. 2. TAX CREDIT FOR ZERO-EMISSION ELECTRIC LAWN, GARDEN, AND LANDSCAPE EQUIPMENT. (a) In General.--Subpart E of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 48E the following new section: ``SEC. 48F. ZERO-EMISSION ELECTRIC LAWN, GARDEN, AND LANDSCAPE EQUIPMENT CREDIT. ``(a) In General.--For purposes of section 46, the credit for zero- emission electric lawn, garden, and landscape equipment for any taxable year is an amount equal to 40 percent of the basis of any zero-emission electric lawn, garden, and landscape equipment placed in service by the taxpayer during such taxable year. ``(b) Limitations.-- ``(1) Annual limitation.--The amount of any credit determined under subsection (a) for any taxable year may not exceed $25,000. ``(2) Aggregate limitation.--The aggregate amount of credits determined under subsection (a) fo