To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Finance, Technology.
Who Benefits and How
energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H9F02BFFEE6D74107AF16FA70DFFE96E7: 1. Short title This Act may be cited as the Grid Resiliency Tax Credit Act.
- Section H079D624E1C8449A8B84DA6FFAFE41E2C: 2. Findings Congress finds the following: A robust electric power transmission system is critical to the economic, energy, and national security of the United...
- Section HF77DC2C8DADA4F0EB728C2B920F61B79: 3. Establishment of electric power transmission lines Subpart E of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
- Section H34BA10721CAD4E68961E38B43D6DB7CF: 48F. Qualifying electric power transmission line credit For purposes of section 46, the qualifying electric power transmission line credit for any taxable year...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Key Policy Areas
Energy, Finance, Technology
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Policy Domains
Whole bill
Identified Gains
- energy producers, utilities, and energy consumers
Identified Costs
- federal implementing agencies
- energy producers, utilities, and energy consumers
Sponsors
Steven Horsford
D-NV | Primary Sponsor
Legislative Progress
IntroducedMr. Horsford (for himself and Ms. Lee of Nevada) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_energy"
- → Secretary of Energy
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology