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Code · BILL · 119th Congress · S. 1721 (Introduced in Senate) — To amend the Internal Revenue Code of 1986 to repeal green energy tax subsidies. · Sec. 10

Sec. 10. Electricity produced from certain renewable resources credit repealed

196 words·~1 min read·/bill/119/s/1721/is/section-10

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Subpart D of part IV of subchapter A of chapter 1 is amended by striking section 45 (and by striking the item relating to such section in the table of sections for such subpart). Section 38 is amended— in subsection (b), by striking paragraph (8), and in subsection (c)(4)(B), by striking clauses
(iv)and (v). Section 45J is amended— in subsection (c)(2)(A)(i), by inserting (as in effect on the day before the date of enactment of the after Energy Freedom Act ) 45(e)(2)(C) , in subsection (c)(2)(B), by inserting (as in effect on the day before the date of enactment of the after Energy Freedom Act ) 45(e)(2)(B) , and in subsection (f), by inserting (as in effect on the day before the date of enactment of the after Energy Freedom Act ) section 45(e) . Section 45K(g)(2) is amended by striking subparagraph (E). Section 55(c)(1) is amended by striking 45(e)(11)(C), . Section 59A(b)(4) is amended— in subparagraph (A), by adding and at the end, by striking subparagraph (B), and by redesignating subparagraph
(C)as subparagraph (B). The amendments made by this section shall apply to electricity produced in taxable years beginning after December 31, 2025.
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