Denial of Green Energy Tax Benefits to Companies Linked to Countries of Concern
This bill aims to stop providing green energy tax benefits to companies controlled by governments or entities from China, Russia, Iran, or North Korea. This means taxpayer money will not support companies linked to these countries in the green energy sector, potentially influencing where clean technology investments are made.
Key points
Companies linked to China, Russia, Iran, and North Korea will lose access to U.S. green energy tax benefits.
The goal is to prevent taxpayer money from flowing to entities in countries deemed problematic.
Changes will apply to tax years beginning after the act's enactment date.
Introduced
Citizen Poll