DemocratBill · H.R. 7044· House(119-HR-7044)

Energy Burden Tax Credit Act

Rep. Pappas
Age: 46 years
New Hampshire
Introduced
1/13/2026
Last activity
1/13/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Chris Pappas
Cosponsors
Democrat - 2Republican - 2
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Energy Burden Tax Credit Act," seeks to amend the Internal Revenue Code of 1986. It proposes the creation of a new energy burden credit for individuals. The credit is based on qualified energy expenses related to heating or cooling a taxpayer's principal residence. It allows a credit of 75 percent of these expenses that exceed 3 percent of the taxpayer's modified adjusted gross income. There are specific dollar and income limitations placed on the credit. The proposed credit is set to terminate after December 31, 2027.

Yes· 3 of 6

  • Would households on low incomes be better off under this?+5

    The credit offers significant relief for energy expenses to those earning below the specified income thresholds.

  • Does this cut taxes for middle-income families?+5

    The bill provides a tax credit for energy expenses to individuals earning up to $75,000 or $150,000 for joint returns.

  • Would middle-income households be better off under this?+3

    The credit provides tax relief for energy costs to households earning up to $150,000 for joint returns.

The opposite

  • Does this reduce what the federal government spends?-2

    The bill creates a new tax credit which reduces federal tax revenue.