Bill · S. 5453· Senate(119-S-5453)
Grid Resiliency Tax Credit Act
- Introduced
- 9/22/2026
- Last activity
- 9/22/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Martin Heinrich
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill creates a new tax credit for the installation and improvement of regionally significant electric power transmission lines. It is designed to help update aging infrastructure and expand the transmission capacity of the United States electric grid. The tax credit equals 30 percent of the qualified investment made by a taxpayer for eligible transmission lines and substations. It applies to property placed in service or expenditures paid after December 31, 2026, and ends for construction beginning after December 31, 2036. The legislation also allows for elective payments and the transfer of these tax credits under the Internal Revenue Code.
Yes· 3 of 20
Does this put more money into wind, solar and other renewable power?+7
The legislation provides a 30 percent tax credit for qualified electric power transmission lines and generator tie lines that connect new or expanded electricity generation and storage technology.
Would business owners be better off under this?+5
Business owners and utilities involved in energy infrastructure are eligible for a 30 percent tax credit on qualified investments.
Is this likely to create jobs?+5
The bill establishes a tax credit for electric power transmission lines that promotes economic benefits and creates new jobs in communities across the country.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Protection from rate increases: According to Section 2, financial support for electric grid transmission buildout provides protection from electric rate increases that would otherwise apply to American consumers.
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Improved grid resilience and lower costs: Section 2 notes that electric power transmission investments will improve resilience and lower costs by enabling access to diverse generation resources across the country.
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Storm and wildfire protection: Section 2 states that these investments will increase the electric grid's ability to weather storms and wildfire by enabling access to financial support for grid resilience measures.
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Job creation: Section 2 highlights that the investments will promote economic benefits and create new jobs in communities across the country.
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Enhanced reliability: Section 2 points out that the legislation will enhance electric grid reliability.
Potential Negative Impacts for People
- No explicit negative impacts identified: Based strictly on the provided text, there are no specific sections or provisions that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Farmers+4Good For Low Income Households+4Good For Middle Class Households+4Good For Rural Residents+4Good For Children+3Good For High Net Worth Individuals+3Good For Middle Aged+3Good For Retirees+3Good For Seniors+3Good For Urban Residents+3Good For Young Adults+3Good For Billionaires+2Good For High Income Households+2Good For Ultra High Net Worth Individuals+2
- Economy And Finance
- Increases Job Creation+5Improves Economic Growth+4Improves Small Business Support+3
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+7Improves Rural Development+4
- 9/22/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate