H.R. 6758

119 HR 6758 IH: Utility Price Lift In Flux and Transition Act
 U.S. House of Representatives
 2025-12-16
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I
 119th CONGRESS   1st Session
 H. R. 6758
 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.
1.
Short title
This Act may be cited as the   Utility Price Lift In Flux and Transition Act   or the   UPLIFT Act  .
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:
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.