To amend the Internal Revenue Code of 1986 to establish a tax credit for qualified combined heat and power system property, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6824 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6824 To amend the Internal Revenue Code of 1986 to establish a tax credit for qualified combined heat and power system property, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 17, 2025 Ms. Van Duyne (for herself and Mr. Kustoff) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a tax credit for qualified combined heat and power system property, 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. TAX CREDIT FOR QUALIFIED COMBINED HEAT AND POWER SYSTEM PROPERTY. (a) Establishment of Credit.-- (1) 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. CREDIT FOR QUALIFIED COMBINED HEAT AND POWER SYSTEM PROPERTY. ``(a) Credit for Qualified Combined Heat and Power System Property.-- ``(1) In general.--For purposes of section 46, except as provided in subsection (c)(1)(B), the credit for qualified combined heat and power system property for any taxable year is an amount equal to 10 percent of the basis of each qualified combined heat and power system property placed in service during such taxable year. ``(2) Coordination with rehabilitation credit.--The percentage specified in paragraph (1) shall not apply to that portion of the basis of any property which is attributable to qualified rehabilitation expenditures (as defined in section 47(c)(2)). ``(3) Qualified combined heat and power system property.-- For purposes of this section, the term `qu