OFFICIAL LEGAL TITLE
Renewable Energy Investment Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_HR_3180.
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 2021-05-13.
What are the main provisions?
Key points include:
- Businesses and organizations investing in renewable energy can now opt for a direct payment from the government instead of traditional tax credits.
- This change makes it easier to finance solar, wind, and other renewable energy projects, even if the entity does not have sufficient tax liability to utilize the full credit.
- The provisions also apply to state and local governments, as well as Indian tribal governments, enabling them to receive direct financial support for green energy investments.
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. Blumenauer, Earl [D-OR-3].
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 2025-12-27.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.