H.R. 6758

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6758 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 6758

To amend the Internal Revenue Code of 1986 to establish a refundable 
tax credit for residential energy expenditures.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

December 16, 2025

Mrs. McIver (for herself, Ms. Norton, Ms. Tlaib, Ms. Pettersen, Ms. Lee 
of Pennsylvania, Mr. Goldman of New York, Mrs. Watson Coleman, and Mr. 
Carson) 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 a refundable 
tax credit for residential energy expenditures.

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 ``Utility Price Lift In Flux and 
Transition Act'' or the ``UPLIFT Act''.

SEC. 2. RESIDENTIAL ENERGY EXPENDITURES CREDIT.

(a) In General.--Subpart C of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by inserting after 
section 36 the following new section:

``SEC. 36A. RESIDENTIAL ENERGY EXPENDITURES CREDIT.

``(a) Allowance of Credit.--In the case of an individual, there 
shall be allowed as a credit against the tax imposed by this subtitle 
for an applicable taxable year an amount equal to the residential 
energy expenditures of the taxpayer for such taxable year.
``(b) Limitation.--The credit allowed under this section with 
respect to any taxpayer for any taxable year shall not exceed $1,200 
($2,400 in the case of a joint return or a head of household (as 
defined in section 2(b))).
``(c) Applicable Taxable Year.--For purposes of this section--
``(1) In general.--The term `applicable taxable year' means 
any taxable year if--
``(A) the average of the PCE for the 12-month 
period ending on December 31 of such taxable year, 
exceeds
``(B) 102 percent of the average of the PCE for the 
12-month period immediately preceding the period 
described in subparagraph (A).
``(2) PCE.--The term `PCE' means the implicit price 
deflator for personal consumption expenditures (as published by 
the Bureau of Economic Analysis of the Department of Commerce).
``(d) Residential Energy Expenditures.--The term `residential 
energy expenditures' means expenditures--
``(1) made by the taxpayer for electricity, natural gas, or 
propane, and
``(2) used on, or in connection with, a dwelling unit--
``(A) located in the United States,
``(B) owned or rented by the taxpayer, and
``(C) used by the taxpayer as the taxpayer's 
principal residence (within the meaning of section 
121).
``(e) Phaseout Based on Modified Adjusted Gross Income.--
``(1) In general.--The amount of the credit otherwise 
allowed under this section shall be reduced by the amount which 
bears the same ratio to such amount (determined without regard 
to this subsection) as--
``(A) the excess (if any) of--
``(i) the taxpayer's modified adjusted 
gross income, over
``(ii) $75,000 ($150,000 in the case of a 
joint return or a head of household (as defined 
in section 2(b))), bears to
``(B) $25,000 ($50,000 in the case of a joint 
return or a head of household (as defined in section 
2(b))).
``(2) Modified adjusted gross income.--For purposes of 
paragraph (1), 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.
``(f) Coordination of Credit With Certain Programs.--
``(1) Energy assistance programs.--An amount shall not fail 
to be treated as a residential energy expenditure of the 
taxpayer merely because such expenditure is reimbursed to, or 
paid on behalf of, such taxpayer under any Federal, State, 
local, or Tribal energy assistance program.
``(2) Means-tested programs.--For purposes of any Federal 
means-tested program, any refund made to an individual (or the 
spouse of an individual) by reason of this section shall not be 
treated as income (and shall not be taken into account in 
determining resources for the month of its receipt and the 
following month).
``(g) Regulations.--The Secretary, in coordination with the 
Commissioner of the Bureau of Labor Statistics, shall prescribe such 
regulations or other guidance as may be necessary or appropriate to 
carry out the purposes of this section.''.
(b) Clerical Amendments.--
(1) Section 6211(b)(4)(A) of such Code is amended by 
inserting ``36A,'' after ``36,''.
(2) The table of sections for subpart C of part IV of 
subchapter A of chapter 1 of such Code is amended by inserting 
after the item relating to section 36 the following new item:

``Sec. 36A. Residential energy expenditures credit.''.
(c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2025.
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