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Solar Energy Manufacturing for America Act

12/30/2022, 7:48 AM

Congressional Summary of S 3091

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.

Current Status of Bill S 3091

Bill S 3091 is currently in the status of Bill Introduced since October 27, 2021. Bill S 3091 was introduced during Congress 117 and was introduced to the Senate on October 27, 2021.  Bill S 3091's most recent activity was Read twice and referred to the Committee on Finance. as of October 27, 2021

Bipartisan Support of Bill S 3091

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
7
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3091

Primary Policy Focus

Taxation

Potential Impact Areas

- Alternative and renewable resources
- Electric power generation and transmission
- Income tax credits
- Licensing and registrations
- Manufacturing

Alternate Title(s) of Bill S 3091

Solar Energy Manufacturing for America Act
Solar Energy Manufacturing for America Act
A bill to amend the Internal Revenue Code of 1986 to establish the advanced solar manufacturing production credit.

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