Advocates and lawmakers alike are anticipating how the Senate Finance Committee will treat numerous contentious issues in the Republicans’ megabill, including clean energy tax credits from the 2022 Inflation Reduction Act.
Chair Mike Crapo (R-Idaho) is on track to unveil most of his bill as soon as Monday, though the panel may put out placeholder language for some hot-button issues.
The House’s “One Bill Beautiful Bill Act” would all but eliminate climate law incentives for wind, solar and hydrogen. Also gone would be consumer credits for electric vehicles.
Crapo told senators last week he wanted to “extend the runway” for some incentives, according Sen. Kevin Cramer (R-N.D.).