H.R. 2599

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2599 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 2599

To amend the Internal Revenue Code of 1986 to establish the emergency 
generator tax credit.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

April 2, 2025

Mr. Hunt (for himself, Mr. Carter of Texas, Mr. Nehls, Mr. Williams of 
Texas, Mr. Babin, Mr. Ellzey, Mrs. Kiggans of Virginia, Mr. Weber of 
Texas, Mr. Rutherford, Mr. Luttrell, Mr. Gooden, and Mr. Mills) 
introduced the following bill; which was referred to the Committee on 
Ways and Means

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to establish the emergency 
generator tax credit.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Preventing Outages With Electricity 
Reinforcement Act of 2025'' or the ``POWER Act of 2025''.

SEC. 2. EMERGENCY GENERATOR CREDIT.

(a) In General.--Subpart A of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by inserting after 
section 25E the following new section:

``SEC. 25F. EMERGENCY GENERATOR CREDIT.

``(a) Allowance of Credit.--In the case of a qualified individual, 
there shall be allowed as a credit against the tax imposed by this 
subtitle an amount equal to so much of the amount paid or incurred by 
such qualified individual to purchase an emergency generator for use in 
the principal residence of such individual during the taxable year as 
does not exceed $500.
``(b) Qualified Individual.--
``(1) In general.--For purposes of this section, the term 
`qualified individual' means an individual--
``(A) whose principal residence is located in an 
area with respect to which 2 or more covered major 
disasters were declared during the 5-year period ending 
on the last day of the taxable year, and
``(B) who has received individual assistance under 
section 408 of the Robert T. Stafford Disaster Relief 
and Emergency Assistance Act with respect to a covered 
major disaster described in subparagraph (A) during 
such 5-year period.
``(c) Limitation.--
``(1) In general.--The amount of the credit allowed under 
subsection (a) shall be reduced by $100 for every $25,000 by 
which the taxpayer's modified adjusted gross income exceeds--
``(A) $300,000 in the case of a joint return, or
``(B) $150,000 in the case of any other individual.
``(2) Modified adjusted gross income.--For purposes of this 
subsection, the term `modified adjusted gross income' means the 
adjusted gross income of the taxpayer for the taxable year 
increased by any amount excluded from gross income under 
section 911, 931, or 933.
``(d) Definitions.--For purposes of this section--
``(1) Covered major disaster.--The term `covered major 
disaster' means a major disaster declared under section 401 of 
the Robert T. Stafford Disaster Relief and Emergency Assistance 
Act that was not declared for the purpose of public health.
``(2) Principal residence.--The term `principal residence' 
has the same meaning as when used in section 121.
``(e) Termination.--No credit shall be allowed under subsection (a) 
with respect to any generator purchased after the date that is 2 years 
after the date of the enactment of this section.''.
(b) Conforming Amendments.--
(1) The table of sections for subpart A of part IV of 
subchapter A of chapter 1 of the Internal Revenue Code of 1986 
is amended by inserting after the item relating to section 25E 
the following new item:

``Sec. 25F. Emergency generator credit.''.
(c) Effective Date.--The amendments made by this section shall 
apply to generators purchased after the date of the enactment of this 
Act.
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