S. 3722 — Introduced in Senate

II 119th CONGRESS 2d Session S. 3722 IN THE SENATE OF THE UNITED STATES January 29, 2026Ms. Cortez Masto introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to restore and extend certain tax credits to incentivize energy efficiency. 1. Short title This Act may be cited as the Lowering Home Energy Costs Act. 2. Extension of new energy efficient home credit Section 45L(h) of the Internal Revenue Code of 1986 is amended by striking June 30, 2026 and inserting December 31, 2032. 3. Extension of residential clean energy credit Section 25D(h) of the Internal Revenue Code of 1986 is amended by striking December 31, 2025 and inserting December 31, 2032. 4. Restoration of energy efficient home improvement credit (a) Repeal Section 70505 of Public Law 119–21 is repealed, and section 25C of the Internal Revenue Code of 1986 is restored as if such section 70505 had not been enacted. (b) Effective date The amendment made by subsection (a) shall take effect as if included in the enactment of Public Law 119–21.