SJRES 107
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Beginning of Construction Requirements for Purposes of the Termination of Clean Electricity Production Credits and Clean Electricity Investment Credits for Applicable Wind and Solar Facilities"
Failedenergytaxes
Committee
Floor Vote
Passed
Signed
Summary
**What it does:** This joint resolution would overturn a new Internal Revenue Service (IRS) rule about when wind and solar energy projects are considered to have "begun construction" for tax credit purposes. **Who it affects:** - Wind and solar energy developers and companies - Investors in renewable energy projects - Taxpayers who benefit from clean energy tax incentives **What would change:** The IRS rule being challenged likely defines stricter requirements for when construction officially begins, which determines eligibility for federal clean energy tax credits.