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S. 2314 · 110th Congress · 2007–2008

Geothermal Heat Pump Development Act of 2007

S. 2314 in the 110th Congress (2007–2008) was introduced on Nov 6, 2007, sponsored by Ken Salazar with 20 co-sponsors.

During the 110th Congress (2007–2008), George W. Bush was president, and Democrats held the House majority and Republicans the Senate majority.

Status
Introduced
Introduced
Nov 6, 2007
Co-sponsors
20
Policy area
Taxation

What it does

Geothermal Heat Pump Development Act of 2007 - Amends the Internal Revenue Code to: (1) to include equipment that uses the ground or ground water as a thermal energy source or sink to heal or cool a structure (i.e., geothermal heat pump systems) as energy property for purposes of the energy tax credit; (2) allow a residential energy efficient property tax credit for 30% of qualified geothermal heat pump property expenditures;…

Summary by the nonpartisan Congressional Research Service.

Sponsor

Ken Salazar (D-CO). Co-sponsors: 11 Democrats, 9 Republicans.

Where it stands

  • IntroducedNov 6, 2007
  • Passed the Senate—
  • Passed the House—
  • Sent to the President—
  • Became law—

Latest action: Read twice and referred to the Committee on Finance. (Nov 6, 2007)

More bills from Ken Salazar in the 110th Congress

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 2314 (110th Congress): Geothermal Heat Pump Development Act of 2007,” https://www.capitolreceipts.com/bill/110-s-2314/geothermal-heat-pump-development-act-of-2007 (accessed 2026-10-17).