S 1721
Energy Freedom Act
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Energy Freedom Act repeals numerous tax credits and deductions related to green energy and energy efficiency initiatives. Specifically, it eliminates incentives for investments in renewable energy sources like solar, wind, and biofuels, as well as credits for energy-efficient home improvements, electric vehicles, and commercial buildings. The bill aims to reduce government spending by removing these subsidies and shifting the tax code away from promoting these industries.
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