S.1225 - Solar Uniting Neighborhoods (sun) Act Of 2013

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6/26/2013--Introduced. Solar Uniting Neighborhoods (SUN) Act of 2013 - Amends the Internal Revenue Code to: (1) expand the definitions of "qualified solar electric property expenditure" and "qualified solar water heating property expenditure" to allow a residential energy efficient property tax credit for solar energy property which is either installed in a taxpayer's residence or is located within 50 miles of such residence; and (2) exclude from gross income, for income tax purposes, gain from the sale or exchange of electricity generated by solar energy property eligible for such tax credit.

Read Twice And Referred To The Committee On Finance.
June 26th 2013 @ 12:00 AM

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