Promoting Reduction of Emissions through Landscaping Equipment Act

This bill would create a federal business tax credit equal to 40 percent of the cost of zero-emission electric lawn, garden, and landscape equipment, including related batteries, zero-emission chargers, and retrofit parts. The credit would be capped at $25,000 per year and $100,000 over any 10-year period. Businesses could receive the credit as a direct payment or transfer it to another party. Businesses that go bankrupt or close would not have to pay back the credit, and the credit would end for property placed in service in tax years beginning more than 5 years after the bill becomes law. It would apply to equipment placed in service after December 31, 2024.

Full text and official record on Congress.gov

Sponsors

• Martin Heinrich Democrat sponsor
• 1 cosponsors