An Act advancing renewable heating solutions for the Commonwealth
Bill reported favorably by committee and referred to the committee on House Ways and Means
Summary
The bill creates a Renewable Heating Solutions Development Fund to finance renewable heating projects and provides refundable tax credits for businesses that produce renewable heating fuels and for taxpayers who install qualified renewable heating equipment, including geothermal district heating. It aims to lower carbon intensity of heating and increase the supply of renewable thermal resources. The measure has passed committee and is now headed to the House Ways and Means Committee.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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