Solar energy equipment; establishes a nonrefundable income-tax credit.

Tax credit; solar energy equipment. Establishesa nonrefundable income tax credit for taxable years 2024 through2028 for individuals who incur allowable expenses, as defined inthe bill, for the purchase and installation of solar energy equipment,as defined in the bill. An individual who properly claims this creditshall be allowed a credit in the amount of up to 15 percent of thecost of such equipment and allowable expenses, up to $1,000.