H.R. 5175

Incentivizing Solar Deployment Act of 2021

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I

117th CONGRESS

1st Session

H. R. 5175

IN THE HOUSE OF REPRESENTATIVES

September 3, 2021

Mr. Suozzi (for himself, Mr. Blumenauer, Mr. Kind, Mr. Kildee, Mr. Beyer, Mr. Evans, Mr. Panetta, Mr. Horsford, and Ms. Barragán) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to extend the production tax credit for electricity produced from solar energy.

1.

Short title

This Act may be cited as the Incentivizing Solar Deployment Act of 2021.

2.

Extension of credit for electricity produced from solar energy

(a)

In general

Section 45(d)(4)(A) of the Internal Revenue Code of 1986 is amended by striking is placed in service before January 1, 2006 and inserting the construction of which begins before January 1, 2027.

(b)

Technical amendment

Section 45(d)(4) of such Code is amended by striking and which— and inserting and—.

(c)

Effective date

The amendments made by this section shall apply to facilities the construction of which begins after December 31, 2021.