Promotes reduction of emissions by providing a tax credit for zero-emission electric lawn, garden, and landscape equipment.
The Promoting Reduction of Emissions through Landscaping Equipment Act amends the Internal Revenue Code to establish a business tax credit for the purchase of zero-emission electric lawn, garden, and landscape equipment. The credit is equal to 40 percent of the basis of the equipment placed in service by the taxpayer during the taxable year. The credit is subject to an annual limitation of $25,000 and an aggregate limitation of $100,000 over any consecutive 10-year period.
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