HB3291, titled the Certainty for Our Energy Future Act, would amend the Internal Revenue Code to end eligibility for two major clean electricity tax credits—the clean electricity production credit and the clean electricity investment credit—for new wind and solar facilities that begin construction after December 31, 2030. The bill preserves the credits for other technologies, but it specifically excludes wind and solar projects started after that date from being treated as qualified facilities under sections 45Y and 48E.
The bill also adds a broader restriction on clean energy tax benefits for companies connected to certain foreign governments. It would deny a wide range of energy-related tax credits and deductions to “disqualified companies” that are created or controlled by governments or entities tied to countries of concern, defined as China, Russia, Iran, and North Korea. Treasury would be required to issue implementation guidance within 180 days, and the foreign-entity restrictions would apply only after that guidance is published and a further 180-day period has passed.
Impact
If enacted, the bill would narrow federal tax support for wind and solar development by setting a firm cutoff for projects beginning construction after 2030, while leaving other clean electricity technologies eligible under the existing credit framework. It would also create a new Internal Revenue Code section denying numerous clean energy tax benefits to companies linked to specified foreign adversary countries, affecting developers, manufacturers, investors, and supply-chain participants with ownership or control ties to those jurisdictions. The bill would require Treasury guidance to define and administer the foreign-control restrictions.
Sentiment
Based on the bill’s framing and sponsorship, the measure appears to be presented as a pro-certainty, pro-security reform aimed at limiting long-term subsidies for wind and solar while protecting the clean energy tax system from foreign influence. Because there were no committee transcripts or recorded votes provided, there is no documented debate in the supplied materials, but the structure of the bill suggests support from lawmakers skeptical of renewable tax incentives and concerned about supply-chain dependence on adversarial countries. The absence of recorded opposition or hearing testimony means the overall sentiment in the available record is limited to the bill’s text and introduction.
Contention
The main points of contention are likely to be the 2030 cutoff for wind and solar credits and the decision to single out those technologies for termination while preserving other clean electricity incentives. Renewable energy advocates would likely object that the bill reduces investment certainty and could slow deployment of wind and solar projects, while supporters may argue the phaseout gives industry time to adjust. A second major issue is the foreign-entity restriction: the bill’s broad denial of benefits to companies controlled by governments or entities from China, Russia, Iran, or North Korea could raise questions about how control is defined, how supply chains are affected, and whether the rule could sweep in complex multinational structures or domestic firms with indirect ties.
To amend the Internal Revenue Code of 1986 to expand the meaning and eligibility of energy communities for purposes of the increased renewable electricity production and increased clean electricity investment credit rates.