119-hr2838

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2838 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2838

 To amend the Internal Revenue Code of 1986 to phase-out the clean 
electricity production and investment credits with respect to wind and 
 solar energy.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 10, 2025

 Ms. Fedorchak (for herself, Mr. Goldman of Texas, Mr. Palmer, and Mr. 
 Weber of Texas) introduced the following bill; which was referred to 
 the Committee on Ways and Means

_______________________________________________________________________

 A BILL

 To amend the Internal Revenue Code of 1986 to phase-out the clean 
electricity production and investment credits with respect to wind and 
 solar energy.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Ending Intermittent Energy Subsidies 
Act of 2025''.

SEC. 2. TERMINATION OF TRANSFERABILITY OF PORTION OF CLEAN ELECTRICITY 
 CREDITS ATTRIBUTABLE TO WIND OR SOLAR ENERGY.

    (a) Clean Electricity Production Credit.--

Section 6418

    (f)

    (1)
        (A)
            (vii) of the Internal Revenue Code of 1986 is amended to 
read as follows:
 ``
            (vii) so much of the clean electricity 
 production credit determined under 

section 45Y 
 as is not attributable to electricity produced 
 using solar or wind energy.''.

    (b) Clean Electricity Investment Credit.--

Section 6418

    (f)

    (1)
        (A)
            (xi) of such Code is amended to read as follows:
 ``
            (xi) so much of the clean electricity 
 investment credit determined under 

section 48E 
 as is not allowed with respect to a qualified 
 facility (as defined in such section) which is 
 used for the generation of electricity using 
 wind or solar energy.''.
            (c) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after the date of the enactment of this Act.

SEC. 3. PHASE-OUT OF CLEAN ELECTRICITY PRODUCTION CREDIT WITH RESPECT 
 TO SOLAR AND WIND POWER.

    (a) In General.--

Section 45Y
            (d) of the Internal Revenue Code of 
1986 is amended by adding at the end the following new paragraph:
 ``

    (4) Special rule for solar and wind energy.--In the case 
 of electricity produced from solar or wind energy, the amount 
 of the credit determined under subsection

    (a) (determined 
 without regard to this paragraph) shall be equal to the product 
 of the amount otherwise so determined, multiplied by--
 ``
        (A) in the case of electricity produced during 
 the first calendar year beginning after the date of the 
 enactment of the Ending Intermittent Energy Subsidies 
 Act of 2025, 80 percent,
 ``
        (B) in the case of electricity produced during 
 the second calendar year beginning after the date of 
 the enactment of the Ending Intermittent Energy 
 Subsidies Act of 2025, 60 percent,
 ``
            (C) in the case of electricity produced during 
 the third calendar year beginning after the date of the 
 enactment of the Ending Intermittent Energy Subsidies 
 Act of 2025, 40 percent,
 ``
            (D) in the case of electricity produced during 
 the fourth calendar year beginning after the date of 
 the enactment of the Ending Intermittent Energy 
 Subsidies Act of 2025, 20 percent, or
 ``
        (E) in the case of electricity produced after 
 such fourth calendar year, zero percent,''.

    (b) Effective Date.--The amendments made by this section shall 
apply to electricity produced after the date of the enactment of this 
Act.

SEC. 4. PHASE-OUT OF CLEAN ELECTRICITY INVESTMENT CREDIT.

    (a) In General.--

Section 48E

    (e) of the Internal Revenue Code of 
1986 is amended by adding at the end the following new paragraph:
 ``

    (4) Special rule for solar and wind energy.--The amount 
 of the clean electricity investment credit under subsection

    (a) with respect to any qualified investment in a qualified 
 facility which generates electricity using wind or solar energy 
 shall be equal to the product of--
 ``
        (A) the amount of the credit determined under 
 subsection

    (a) without regard to this subsection, 
 multiplied by
 ``
        (B) in the case of a facility placed in service--
 ``
            (i) during the first calendar year 
 beginning after the date of the enactment of 
 the Ending Intermittent Energy Subsidies Act of 
 2025, 80 percent,
 ``
            (ii) during the second calendar year 
 beginning after the date of the enactment of 
 the Ending Intermittent Energy Subsidies Act of 
 2025, 60 percent,
 ``
            (iii) during the third calendar year 
 beginning after the date of the enactment of 
 the Ending Intermittent Energy Subsidies Act of 
 2025, 40 percent,
 ``
            (iv) during the fourth calendar year 
 beginning after the date of the enactment of 
 the Ending Intermittent Energy Subsidies Act of 
 2025, 20 percent, or
 ``
            (v) after such fourth calendar year, zero 
 percent,''.

    (b) Effective Date.--The amendments made by this section shall 
apply to property placed in service after the date of the enactment of 
this Act.
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