Solar Energy Manufacturing for America Act

12/30/2022, 7:48 AM

Solar Energy Manufacturing for America Act

This bill allows a new tax credit for the production and sale of certain solar equipment produced and sold in a taxpayer's trade or business.

Congress
117
Number
S - 3091
Introduced on
2021-10-27
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

10/27/2021
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Solar Energy Manufacturing for America Act

This bill allows a new tax credit for the production and sale of certain solar equipment produced and sold in a taxpayer's trade or business.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to establish the advanced solar manufacturing production credit.
Policy Areas
Taxation
Potential Impact
Alternative and renewable resources•
Electric power generation and transmission•
Income tax credits•
Licensing and registrations•
Manufacturing

Comments

Related

Bill Update Alert:  Solar Energy Manufacturing for America Act
Bill Update Alert:  Solar Energy Manufacturing for America Act

Recent Activity

Latest Summary12/17/2021

Solar Energy Manufacturing for America Act

This bill allows a new tax credit for the production and sale of certain solar equipment produced and sold in a taxpayer's trade or business.

Latest Action10/27/2021
Read twice and referred to the Committee on Finance.