H.R. 2838 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Ways and Means, Apr 10, 2025
What this bill does
In plain words · AI-written from the official summaryPhases out tax credits for solar and wind
This bill would gradually reduce federal tax credits that apply to solar and wind energy projects over a five-year period. It would also prevent taxpayers from selling or transferring these tax credits to other companies or individuals in exchange for cash.
How it affects you
If you invest in solar or wind energy projects or own a business that does, you would lose access to federal tax credits that currently help offset those costs. The phased-out credits and eliminated transfer option would make these renewable energy investments more expensive for individuals and businesses.
Read the official summary (Introduced in House, Apr 10, 2025)
Ending Intermittent Energy Subsidies Act of 2025
This bill phases out and eliminates the ability to transfer federal tax credits for solar and wind investments and energy production.
Specifically, the bill phases out over five years the (1) clean electricity investment tax credit for investments in a facility that generates electricity using solar or wind energy, and (2) clean electricity production tax credit for electricity produced from solar or wind energy.
Further, the bill eliminates the ability of a taxpayer to transfer to a third party in exchange for cash any portion of the clean electricity investment tax credit and clean electricity production tax credit attributable to solar or wind energy.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 2838
A BILL
Ending Intermittent Energy Subsidies Act of 2025
Sponsor: Rep. Julie Fedorchak (R-ND-At Large) · Introduced Apr 10, 2025 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Apr 10, 2025: “Referred to the House Committee on Ways and Means.”
Sections
Sections · 4
- Sec. 1Short titleNo change
- Sec. 2Termination of transferability of portion of clean electricity credits attributable to wind or solar energyNo change
- Sec. 3Phase-out of clean electricity production credit with respect to solar and wind powerNo change
- Sec. 4Phase-out of clean electricity investment creditNo change