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Tax Structure Expansion for Renewable Energy and Clean Fuel Financing.

This law expands the types of income that qualify for the Publicly Traded Partnership (PTP) structure, allowing companies involved in renewable power generation, energy storage, and clean fuel production to access public capital markets more easily. While primarily a change in corporate tax structure, it aims to lower financing costs for green infrastructure projects. This could accelerate the deployment of clean energy technologies, potentially impacting future energy stability and environmental quality.
Key points
New financing options: Renewable power generation, energy storage, carbon capture, and clean fuel production projects are now eligible to use the PTP structure.
Boosting green infrastructure: The change is designed to reduce financing costs and encourage greater investment in solar, wind, biomass, and advanced fuel production facilities.
The changes apply to tax years beginning after December 31, 2021.
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Additional Information
Print number: 117_HR_2291
Sponsor: Rep. Thompson, Mike [D-CA-5]
Process start date: 2021-03-29
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Financing Our Energy Future Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2291.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-29.

What are the main provisions?

Key points include:

  • New financing options: Renewable power generation, energy storage, carbon capture, and clean fuel production projects are now eligible to use the PTP structure.
  • Boosting green infrastructure: The change is designed to reduce financing costs and encourage greater investment in solar, wind, biomass, and advanced fuel production facilities.
  • The changes apply to tax years beginning after December 31, 2021.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Thompson, Mike [D-CA-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Taxes Environment Economy