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Save America’s Clean Energy Jobs Act

This bill amends the Internal Revenue Code of 1986 to provide direct payments for the renewable electricity production credit, the energy credit, and the carbon oxide sequestration credit. Taxpayers may elect to treat the credit amount as a payment against tax for applicable facilities and properties.
Key points
Establishes an election for direct payment of the renewable electricity production credit.
Allows direct payments for the energy credit regarding applicable energy property.
Includes direct payments for the carbon oxide sequestration credit.
Applies to facilities where construction began before January 1, 2023, and were placed in service after March 25, 2021.
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Expired
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Additional Information
Print number: 117_S_985
Sponsor: Sen. Carper, Thomas R. [D-DE]
Process start date: 2021-03-25
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Save America’s Clean Energy Jobs Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_985.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-25.

What are the main provisions?

Key points include:

  • Establishes an election for direct payment of the renewable electricity production credit.
  • Allows direct payments for the energy credit regarding applicable energy property.
  • Includes direct payments for the carbon oxide sequestration credit.
  • Applies to facilities where construction began before January 1, 2023, and were placed in service after March 25, 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 Sen. Carper, Thomas R. [D-DE].

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 2026-01-02.

CATEGORIES

Taxes Energy Economy