Lowering Energy Costs for Manufactured Homeowners Act

Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section:

In the case of an individual, there shall be allowed as a credit against the tax imposed by this subtitle an amount equal to 20 percent of the manufactured home skirting expenses paid or incurred by the individual during the taxable year.

Subsection (a) shall not apply to any taxpayer for any taxable year if the taxpayer’s modified adjusted gross income (as defined in section 36(b)(2)(B)) exceeds—

(A) in the case of a joint return, $300,000, and

(B) in any other case, $150,000.

The aggregate amount of the credit allowed under subsection (a) with respect to any taxpayer shall not exceed $500.

For purposes of this section—

The term manufactured home skirting expenses means expenses relating to the addition of skirting to a qualifying manufactured home.

The term qualifying manufactured home means a manufactured home which—

(A) is described in section 603(6) of the National Manufactured Housing Construction and Safety Standards Act of 1974 (42 U.S.C. 5402(6)),

(B) was built after 1976, and

(C) is used as the primary residence of the taxpayer.

The term skirting means weather-resistant material used to enclose the space from the bottom of the manufactured home to grade.

(1) Section 6211(b)(4)(A) of the Internal Revenue Code of 1986 is amended by inserting 36C, after 36B,.

(2) Paragraph (2) of section 1324(b) of title 31, United States Code, is amended by inserting 36C, after 36B,.

(3) The table of sections for subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item relating to section 36B the following new item:

The amendments made by this section shall apply to taxable years beginning after December 31, 2024.