Clean fuel production credit
Extend credit for biofuels an additional four years through 2031 and make changes
$26 bil.
Carbon oxide sequestration credit
Restrict access for foreign entities
$14 bil.
Partnership rules for companies involved in energy extraction and storage
Allow publicly traded companies substantially involved in hydrogen storage, carbon capture, advanced nuclear, hydropower and geothermal energy to be taxed as partnerships
$3.2 bil.
Methane emissions and waste reduction rescissions
Postpone for 10 years the implementation of a fee on methane leaks from oil and gas operations and rescind funding for other programs to reduce leaks
$1.4 bil.
Intangible drilling and development costs
Change the tax treatment for certain costs for corporations involved in energy drilling
$0.4 bil.
Refunds for dyed fuels
Allow refunds of federal fuel excise taxes paid on fuel that was indelibly dyed for off-road or agricultural purposes
—
Expedited environmental reviews
Allow project sponsors to expedite environmental reviews for a fee
—
Endangered Species Act recovery plans rescission
Rescind Inflation Reduction Act funds
—
Diesel emissions reductions rescission
Rescind Inflation Reduction Act funds
–$0.1 bil.
“Climate Change Action Plans” for state, local and tribal governments
Rescind Inflation Reduction Act funds
–$0.1 bil.
Carbon footprint labeling for construction materials rescission
Rescind Inflation Reduction Act funds
–$0.1 bil.
Air pollution rescission
Rescind Inflation Reduction Act funds, including for schools
–$0.1 bil.
Energy efficient commercial buildings deduction
Terminate a tax deduction for energy efficient HVAC, lighting systems, and other improvements for construction 12 months after enactment
–$0.1 bil.
Green and Resilient Retrofit Program rescission
Rescind Inflation Reduction Act funds for green housing program
–$0.1 bil.
Other Inflation Reduction Act rescissions
Related to greenhouse gases, environmental reviews, low-emissions electricity, data collection and hydrofluorocarbons
–$0.2 bil.
Declarations advertising the environmental impact of products rescission
Rescind Inflation Reduction Act funds
–$0.2 bil.
Sustainable aviation rescission
Rescind Inflation Reduction Act funds
–$0.2 bil.
Environmental and climate justice block grants
Rescind Inflation Reduction Act funds
–$0.3 bil.
Clean heavy-duty vehicles rescission
Rescind Inflation Reduction Act funds that help states and localities adopt zero-emission vehicles
–$0.4 bil.
Cost recovery for energy property and clean energy facilities
Eliminates special tax treatment for certain clean energy projects begun after enactment
–$0.4 bil.
Green federal buildings rescissions
Rescind Inflation Reduction Act funds
–$0.7 bil.
Low-carbon transportation material grants rescission
Rescind Inflation Reduction Act funds
–$1.3 bil.
Neighborhood Access and Equity Grant Program rescission
Rescind Inflation Reduction Act funds for a grant program to improve walkability, safety and affordable transportation
–$1.7 bil.
Alternative fuel vehicle refueling property credit
Terminate 12 months after enactment
–$2.0 bil.
Automaker fuel economy penalties
–$2.8 bil.
Energy efficient credit for new homes
Terminate a tax credit for the construction of new homes that meet energy star standards 12 months after enactment
–$5.4 bil.
Clean hydrogen production credit
Terminate at the end of 2025
–$5.9 bil.
Previously owned clean vehicle credit
Terminate a tax credit for clean energy used car purchases 180 days after enactment
–$7.4 bil.
Energy efficient home improvement credit
Terminate a tax credit for energy audits and renovations to improve efficiency 180 days after enactment
–$21 bil.
Clean electricity production and investment credit
Phase down tax credits for low-emissions electricity sources like wind, solar, nuclear and geothermal power. New restrictions on transferability and the use of components from China.
–$29 bil.
Advanced manufacturing production credit
Phase out in 2031, one year earlier than current law, and disqualify facilities that use certain components from China and other “foreign entities of concern”
–$50 bil.
Residential clean energy credit
Terminate the tax credit for rooftop solar, geothermal heat pumps and other home devices 180 days after enactment
–$77 bil.
Clean vehicle credit
Terminate the $7,500 consumer rebate for electric vehicles 180 days after enactment
–$78 bil.
Qualified commercial clean vehicles credit
Terminate the credit for companies that buy electric cars or trucks, including businesses that lease the vehicles to consumers, 180 days after enactment
–$105 bil.
Clean energy electricity investment credit
Phase down tax credits for investments in zero emissions electricty sources, starting in 2026.
–$179 bil.
