Bill · S.J.Res. 39· Senate(119-SJRES-39)
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit".
- Introduced
- 3/26/2025
- Last activity
- 3/26/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Mike Lee
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This joint resolution aims to express congressional disapproval of a specific rule submitted by the Internal Revenue Service. The rule in question concerns the "Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit." If passed, this resolution would ensure that the rule has no force or effect.
Yes
No question was scored yes.
The opposite· 3 of 4
Does this cut the pollution that drives climate change?-5
The nullification of clean electricity credits may reduce the incentive for renewable energy production and carbon reduction.
Does this put more money into wind, solar and other renewable power?-5
Removing these tax credits likely reduces financial incentives for investment in renewable energy projects.
Would business owners be better off under this?-3
The removal of clean energy tax credits may negatively impact businesses investing in renewable energy sectors.
Who it would affect, and how
Potential Positive Impacts for People
- Disapproval of IRS Rule: The resolution seeks to nullify the rule relating to the "Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit" (S.J. Res. 39). This would result in the rule having no force or effect.
Potential Negative Impacts for People
- Nullification of IRS Rule: By providing for congressional disapproval, the rule regarding "Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit" would have no force or effect (S.J. Res. 39).
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-5Reduces Carbon Emissions-5
- Demographic And Interest Groups
- Good For Business Owners-3
- Governance And Ideology
- Increases Federal Power-2
- 3/26/2025
- Read twice and referred to the Committee on Finance.
- Introduced in Senate