rcht148
New Member
The House Ways and Means Committee just released the full text of the bill that is dubbed as "The One, Big, Beautiful bill".
Is is not passed yet, so it can change but the answer for the question on the mind of most people in this forum:
TERMINATION OF RESIDENTIAL CLEAN ENERGY CREDIT
(a) IN GENERAL.—Section 25D(h) is amended by striking ‘‘December 31, 2034’’ and inserting ‘‘December 31, 2025’’.
Source: https://docs.house.gov/meetings/WM/WM00/20250513/118260/BILLS-119-CommitteePrint-S001195-Amdt-1.pdf, page 221
Sidenote:
* This also ends ENERGY EFFICIENT HOME IMPROVEMENT CREDIT on the same date (for things like heat pumps, insulation and so on)
* This also ends CLEAN VEHICLE CREDIT ($7500 for EVs) on the same date with 1 extra year for those EV manufacturers that have sold under 200k vehicles (reverts this back to what it was before IRA was passed).
* Phasing out ADVANCED MANUFACTURING PRODUCTION CREDIT after 12/31/2031 (incentive to manufacture solar components)
Is is not passed yet, so it can change but the answer for the question on the mind of most people in this forum:
TERMINATION OF RESIDENTIAL CLEAN ENERGY CREDIT
(a) IN GENERAL.—Section 25D(h) is amended by striking ‘‘December 31, 2034’’ and inserting ‘‘December 31, 2025’’.
Source: https://docs.house.gov/meetings/WM/WM00/20250513/118260/BILLS-119-CommitteePrint-S001195-Amdt-1.pdf, page 221
Sidenote:
* This also ends ENERGY EFFICIENT HOME IMPROVEMENT CREDIT on the same date (for things like heat pumps, insulation and so on)
* This also ends CLEAN VEHICLE CREDIT ($7500 for EVs) on the same date with 1 extra year for those EV manufacturers that have sold under 200k vehicles (reverts this back to what it was before IRA was passed).
* Phasing out ADVANCED MANUFACTURING PRODUCTION CREDIT after 12/31/2031 (incentive to manufacture solar components)