arrow_back Back to App

Ending Renewable Energy Tax Credits After 2035

This bill aims to eliminate tax credits for electricity produced from certain renewable resources. This means that after 2035, companies generating such energy will no longer receive these specific tax benefits. This could impact energy costs and the future development of the renewable sector.
Key points
Tax credits for renewable electricity producers will be repealed.
The changes will apply to electricity produced and sold after December 31, 2035.
Congress believes these credits should expire and not be extended.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_1387
Sponsor: Sen. Lankford, James [R-OK]
Process start date: 2021-04-27
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

PTC Elimination Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1387.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-04-27.

What are the main provisions?

Key points include:

  • Tax credits for renewable electricity producers will be repealed.
  • The changes will apply to electricity produced and sold after December 31, 2035.
  • Congress believes these credits should expire and not be extended.
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 Sen. Lankford, James [R-OK].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Environment Economy