A Democratic bill with no cosponsors
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill creates a new tax credit for the installation and improvement of regionally significant electric power transmission lines. It is designed to help update aging infrastructure and expand the transmission capacity of the United States electric grid. The tax credit equals 30 percent of the qualified investment made by a taxpayer for eligible transmission lines and substations. It applies to property placed in service or expenditures paid after December 31, 2026, and ends for construction beginning after December 31, 2036. The legislation also allows for elective payments and the transfer of these tax credits under the Internal Revenue Code.
Yes· 3 of 20
- Scored +7
Does this put more money into wind, solar and other renewable power?
The legislation provides a 30 percent tax credit for qualified electric power transmission lines and generator tie lines that connect new or expanded electricity generation and storage technology.
- Scored +5
Would business owners be better off under this?
Business owners and utilities involved in energy infrastructure are eligible for a 30 percent tax credit on qualified investments.
- Scored +5
Is this likely to create jobs?
The bill establishes a tax credit for electric power transmission lines that promotes economic benefits and creates new jobs in communities across the country.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Protection from rate increases: According to Section 2, financial support for electric grid transmission buildout provides protection from electric rate increases that would otherwise apply to American consumers.
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Improved grid resilience and lower costs: Section 2 notes that electric power transmission investments will improve resilience and lower costs by enabling access to diverse generation resources across the country.
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Storm and wildfire protection: Section 2 states that these investments will increase the electric grid's ability to weather storms and wildfire by enabling access to financial support for grid resilience measures.
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Job creation: Section 2 highlights that the investments will promote economic benefits and create new jobs in communities across the country.
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Enhanced reliability: Section 2 points out that the legislation will enhance electric grid reliability.
Potential Negative Impacts for People
- No explicit negative impacts identified: Based strictly on the provided text, there are no specific sections or provisions that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — Business owners and utilities involved in energy infrastructure are eligible for a 30 percent tax credit on qualified investments. Would farmers be better off under this? — Transmission lines crossing regional boundaries and rural areas improve energy capacity and can benefit agricultural communities. Would households on low incomes be better off under this? — Preventing electric rate increases helps protect low-income households from rising utility cost burdens. Would middle-income households be better off under this? — Financial support for grid transmission buildout protects middle-class consumers from rate increases. Would people in rural areas be better off under this? — Upgrading transmission infrastructure and connecting remote generation resources supports development and resilience in rural areas. Would children be better off under this? — Improving electric grid resilience and protecting consumers from rate increases helps create a stable energy foundation for younger generations. Would people with substantial wealth be better off under this? — The availability of transferable tax credits provides investment and financial benefits for high-net-worth individuals participating in energy projects. Would people in middle age be better off under this? — Consumer protection from rate hikes and enhanced grid reliability benefit middle-aged households. Would retired people be better off under this? — Retirees benefit from measures that prevent electric rate increases and stabilize energy costs. Would people over 65 be better off under this? — Seniors on fixed incomes benefit significantly from policies designed to prevent electric rate increases. Would people in cities be better off under this? — Enhanced grid reliability and protection from rate increases help urban consumers who depend on stable power supplies. Would people in their twenties and thirties be better off under this? — Job creation and modernized infrastructure benefit young adults entering the workforce and establishing households. Would billionaires be better off under this? — Corporate entities and major investors backing transmission infrastructure can monetize these new tax credits. Would high-income households be better off under this? — Investors and taxpayers participating in transmission projects benefit from the new tax credits. Would the very wealthiest people be better off under this? — Large-scale investors can utilize the tax credit transfer and elective payment rules for major transmission projects.
- Economy And Finance
- Is this likely to create jobs? — The bill establishes a tax credit for electric power transmission lines that promotes economic benefits and creates new jobs in communities across the country. Is this likely to grow the economy? — Investing in robust electric power transmission infrastructure supports the economic security and growth of the United States. Does this make it easier to run a small business? — The tax credit provisions and elective payment and transfer options make it easier for businesses involved in grid infrastructure to undertake major capital investments.
- Environment Energy And Infrastructure
- Does this put more money into wind, solar and other renewable power? — The legislation provides a 30 percent tax credit for qualified electric power transmission lines and generator tie lines that connect new or expanded electricity generation and storage technology. Does this invest in rural communities? — The transmission line investments span across regions and state boundaries, improving infrastructure connectivity in both rural and other communities.
- 9/22/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate