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Internal Revenue Code of 1986

The main body of tax laws for the United States, which the IRS enforces.

Energy Efficient Home Improvement Credit (Section 25C)

An existing federal tax credit that allows homeowners to reduce their tax bill for making certain energy-saving improvements to their main home.

Natural Carbon Sink Expenditures

Under this bill, these are costs paid by a homeowner for specific hardwood products (like flooring or cabinets) made from U.S. deciduous trees for their main home.

Natural Carbon Sink

In this bill, it refers to home components like flooring, paneling, cabinetry, windows, or skylights that are made from deciduous trees grown and processed in the United States, because wood naturally stores carbon.

Deciduous Trees

Trees that shed their leaves annually, typically in autumn, such as oaks, maples, and birches.

Dwelling Unit

A single place where people live, such as a house, apartment, condominium, or mobile home.

Principal Residence

The main home where a person lives most of the time, as opposed to a vacation home or investment property.