Residential Solar Opportunity Act of 2021
This bill modifies the rate of the residential energy efficient property tax credit and makes such credit permanent.
To amend the Internal Revenue Code of 1986 to make the credit for a 
            residential energy efficient property permanent.

    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 ``Residential Solar Opportunity Act of 
2021''.

SEC. 2. MAKING THE CREDIT FOR A RESIDENTIAL ENERGY EFFICIENT PROPERTY 
              PERMANENT.

    (a) Adjustment of Applicable Percentage.--Section 25D(g) of the 
Internal Revenue Code of 1986 is amended to read as follows:
    ``(g) Applicable Percentage.--For purposes of subsection (a), the 
applicable percentage shall be--
            ``(1) in the case of property placed in service after 
        December 31, 2016, and before January 1, 2027, 30 percent,
            ``(2) in the case of property placed in service after 
        December 31, 2026, and before January 1, 2028, 26 percent,
            ``(3) in the case of property placed in service after 
        December 31, 2027, and before January 1, 2029, 22 percent, and
            ``(4) in the case of property placed in service after 
        December 31, 2028, 10 percent.''.
    (b) Repeal of Termination Date.--Section 25D of such Code is 
amended by striking subsection (h).
                                 <all>
Residential Solar Opportunity Act of 2021
To amend the Internal Revenue Code of 1986 to make the credit for a residential energy efficient property permanent.
Residential Solar Opportunity Act of 2021
Rep. Sánchez, Linda T.