Biomass Stove Tax Credit Included in House Infrastructure Bill

The “INVEST in America Act” (H.R. 2), infrastructure legislation that passed the U.S. House of Representatives on July 1, contained updates to energy efficiency tax credits, including the biomass stove tax credit. This legislation, however, is not expected to pass the Senate, as there is disagreement between parties on details of the bill. The legislation would extend the … Continue reading Biomass Stove Tax Credit Included in House Infrastructure Bill

Biomass Stove Tax Credit Proposed Increase

HPBA sent a letter to Congressional leadership that calls for some changes in the Section 25C tax credit for homeowner energy efficiency improvement in the bipartisan Home Energy Savings Act of 2019. Those changes include: the lifetime limit being cleared and setting a new lifetime limit of $2,400, increase the credit for biomass stoves from … Continue reading Biomass Stove Tax Credit Proposed Increase

Promoting the Biomass Stove Tax Credit

As you know, the biomass stove tax credit of $300 was extended for purchases made since January 1, 2018 until December 31, 2020. Tax forms are now updated, and tax preparation software should also reflect the extension of this credit. Download our quick reference one-pager on what consumers need to know. Visit HPBA's website for … Continue reading Promoting the Biomass Stove Tax Credit

Biomass Stove Tax Credit Has Been Extended

Thank you to everyone who reached out to their Senators in the last 24 hours. The biomass stove tax credit was passed by Congress earlier today, December 19, 2019. The President is expected to sign the bill tomorrow, which contains over 1,500 pages of funding measures. So, time to get promoting! What products qualify?  Anything … Continue reading Biomass Stove Tax Credit Has Been Extended

HPBA Day on Capital Hill a Success

On Thursday, October 24th, nearly 30 HPBA members met with more than 60 congressional offices to promote changeout program legislation and biomass stove tax credit legislation. For our HPBA members, this was their chance to talk with members of Congress and their staff about the issues impacting our industry and their local businesses. We built … Continue reading HPBA Day on Capital Hill a Success