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New Tax Credit for Home Energy Costs: Relief for Households.

This act introduces a new refundable tax credit designed to help citizens cover the costs of electricity, natural gas, or propane when prices significantly increase. The credit aims to ease the financial burden of high utility bills for individuals in their primary residences.
Key points
A new tax credit for your home's electricity, natural gas, or propane bills for your principal residence.
The maximum credit is $1,200 for individuals or $2,400 for joint filers and heads of household.
This credit will only be available in years when average energy prices rise by more than 2% compared to the previous year.
The credit amount will be gradually reduced for higher-income individuals (e.g., above $75,000 for single filers, $150,000 for joint filers).
Receiving this credit will not affect your eligibility for other energy assistance or means-tested social programs.
It applies to energy bills for your main home, whether you own or rent.
These changes will take effect for tax years beginning after December 31, 2025.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6758
Sponsor: Rep. McIver, LaMonica [D-NJ-10]
Process start date: 2025-12-16
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

UPLIFT Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6758.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-12-16.

What are the main provisions?

Key points include:

  • A new tax credit for your home's electricity, natural gas, or propane bills for your principal residence.
  • The maximum credit is $1,200 for individuals or $2,400 for joint filers and heads of household.
  • This credit will only be available in years when average energy prices rise by more than 2% compared to the previous year.
  • The credit amount will be gradually reduced for higher-income individuals (e.g., above $75,000 for single filers, $150,000 for joint filers).
  • Receiving this credit will not affect your eligibility for other energy assistance or means-tested social programs.
  • It applies to energy bills for your main home, whether you own or rent.
  • These changes will take effect for tax years beginning after December 31, 2025.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McIver, LaMonica [D-NJ-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-11.

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Taxes Benefits Economy