H.R. 615 — To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for individuals for amounts paid for gas and electricity for primary residences.

H.R. 615 — To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for individuals for amounts paid for gas and electricity for primary residences. | JustPolicyThe purpose of this legislative proposal is to create a new tax credit for individuals to help offset the costs of gas and electricity for their primary homes. This initiative aims to provide financial relief to households facing rising utility costs, making it easier for them to manage their energy expenses. Key provisions of this proposal include the establishment of a refundable tax credit worth up to $350 per year for individuals. This credit applies to the amounts paid for gas and electricity services at their primary residence.