Bill · S. 4175· Senate(119-S-4175)
A bill to amend the Internal Revenue Code of 1986 to extend the clean electricity production credit and the clean electricity investment credit based on increases in the price of, and demand for, electricity, and for other purposes.
- Introduced
- 3/24/2026
- Last activity
- 3/24/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Ron Wyden
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill proposes amendments to the Internal Revenue Code of 1986. It seeks to extend clean electricity production and investment credits based on specific increases in electricity prices or demand. A "price or demand increase year" is defined by rising national average electricity prices or increased annual sales of electricity. When such a year is identified, the bill adjusts the timing and application of various tax credits. Additionally, the bill aims to eliminate the denial of certain credits for wind and solar leasing arrangements.
Yes· 3 of 7
Does this put more money into wind, solar and other renewable power?+6
By extending production and investment credits, the bill directly encourages more capital to be deployed into renewable energy projects.
Does this cut the pollution that drives climate change?+5
The bill extends credits for clean electricity production and investment, which promotes the transition to renewable energy and reduces carbon emissions.
Would business owners be better off under this?+5
The bill extends production and investment credits, providing financial incentives and stability for clean energy companies and those involved in wind and solar leasing.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Extension of Clean Energy Production Credits: The bill modifies Section 45Y(d) to define an "applicable year" in a way that can extend credits based on electricity price or demand increases (Section 1(a)).
-
Renewal of Energy Efficient Home Improvement Credits: Following a determined price or demand increase year, the application of certain credit restrictions may not apply to property placed in service during the first two calendar years after the determination (Section 1(c)).
-
Renewal of Residential Clean Energy Credits: Similar to home improvement, the bill allows for the renewed application of residential clean energy credits following a price or demand increase year (Section 1(d)).
-
Improved Access to Leasing Credits: The bill eliminates the denial of credits for wind and solar leasing arrangements (Section 2).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+6Reduces Carbon Emissions+5
- Economy And Finance
- Increases Job Creation+4Improves Economic Growth+3Reduces Middle Class Taxes+3
- Demographic And Interest Groups
- Good For Business Owners+5Good For Middle Class Households+3
- 3/24/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate