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HR 310In committeeTaxeshouse

Restoring Energy Market Freedom Act

Introduced Jan 9, 2025 by Rep. Scott Perry

IntroducedCommitteeFloorCongressLaw

It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.

Latest action · Jan 9, 2025
Referred to the House Committee on Ways and Means.
Read it on Congress.gov
What it does

This bill repeals multiple business tax credits related to the production and sale of energy.

Specifically, the bill repeals the

renewable electricity production tax credit (for electricity using wind, solar, or other specific types of renewable energy produced by a qualified facility for which construction began before 2025);

clean electricity production tax credit (for electricity produced using a qualified facility that has no greenhouse gas emissions and was placed into service in 2025 or after);

Read the full summary on Congress.gov

Summary by the Congressional Research Service.

Roll-call votes

No floor votes yet — it hasn't reached the floor of either chamber.