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35% For, 65% Against
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S. 2576, The Clean Stove Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on March 14, 2008, 04:05:42, by webmaster:
S. 2576 would amend the Internal Revenue Code of 1986 to allow a credit for qualified expenditures paid or incurred to replace certain wood stoves.
Detailed Summary
Clean Stove Act of 2008 - Amends the Internal Revenue Code to allow individual taxpayers a tax credit, up to $500, for the cost of replacing a residential wood stove with: (1) a wood-burning stove that complies with current Environmental Protection Agency (EPA) standards; and (2) a pellet or corn-burning stove. Terminates such credit after 2010.
Status of the Legislation
Latest Major Action: 1/30/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
Points in Favor
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Points Against
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Visitor Comments
D.E.Schroeder
July 6, 2008, 4:25pm (report abuse)I worry this is just another "Fake attempt" at cleaning up the environment and moving toward less energy dependence on foreign souirces. Even if it does pass, will it be funded?? Probably not. Politicians (Rep. & Dem) don't really want energy independence as they are not getting a cut from all sectors at this time and all sectors are not under the control of the politicians "Buddies."