Referred to the House Committee on Ways and Means.
This bill phases out federal tax credits for electricity production and investment specifically attributable to wind and solar energy. It removes transferability of the portion of clean electricity credits attributable to wind and solar.
Left emphasizes climate and jobs harms; right emphasizes subsidy rollback.
Relative to its intended legislative type, this bill is a straightforward substantive amendment to the Internal Revenue Code that specifies a multi-year percentage phase-down and removes transferability for credits tied to wind and solar.
This bill phases out federal tax credits for electricity production and investment specifically attributable to wind and solar energy.
It removes transferability of the portion of clean electricity credits attributable to wind and solar.
The production and investment credits for wind and solar are reduced to 80%, 60%, 40%, 20% in years one through four after enactment, and eliminated thereafter.
A narrowly targeted rollback of popular renewable tax incentives is politically contentious, lacks broad bipartisan accommodation, and faces high Senate hurdles.
Relative to its intended legislative type, this bill is a straightforward substantive amendment to the Internal Revenue Code that specifies a multi-year percentage phase-down and removes transferability for credits tied to wind and solar. It precisely identifies statutory targets and effective dates but omits several common supporting elements.
Left emphasizes climate and jobs harms; right emphasizes subsidy rollback.
These are examples from the analysis, not a ranked list of the most-affected groups.
Left emphasizes climate and jobs harms; right emphasizes subsidy rollback.
Likely strongly opposed.
The bill eliminates key federal subsidies that supported rapid deployment of wind and solar under recent law.
Opponents would view this as a rollback of climate and clean-energy policy that could slow emissions reductions and renewable jobs growth.
Mixed to somewhat opposed.
The centrist will weigh fiscal restraint and grid reliability claims against potential economic and climate costs.
They will look for analytical evidence showing benefits and transitional measures for workforce and grid reliability.
Likely supportive.
Conservatives favor reducing targeted federal incentives for technologies characterized as intermittent.
The bill aligns with preferences for limiting government subsidies and prioritizing dispatchable or market-based solutions.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
A narrowly targeted rollback of popular renewable tax incentives is politically contentious, lacks broad bipartisan accommodation, and faces high Senate hurdles.
The bill has not accumulated any surfaced votes yet.
Left emphasizes climate and jobs harms; right emphasizes subsidy rollback.
A narrowly targeted rollback of popular renewable tax incentives is politically contentious, lacks broad bipartisan accommodation, and face…
Relative to its intended legislative type, this bill is a straightforward substantive amendment to the Internal Revenue Code that specifies a multi-year percentage phase-down and removes transferability for credits tied…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.