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S 4678 116th Congress Senate Taxation Alternative and renewable resources Electric power generation and transmission Income tax credits

PTC Elimination Act

Introduced: September 23, 2020 Introduced by: Lankford, James Republican · Oklahoma See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 2020
Read twice and referred to the Committee on Finance.
Sep 23, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

PTC Elimination Act

This bill repeals the tax credit for producing electricity from renewable resources (e.g., wind, biomass, trash, geothermal or solar energy facilities). The bill also expresses the sense of Congress that such credit should be allowed to expire and should not be extended.

What's happening now September 23, 2020

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 8359 Identical bill PTC Elimination Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3
R
Capito, Shelley Moore
West Virginia · Sep 23, 2020
 R
Cramer, Kevin
North Dakota · Sep 23, 2020
 R
Hoeven, John
North Dakota · Sep 23, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4678: PTC Elimination Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4678/
MLA
"S. 4678: PTC Elimination Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4678/.
Bluebook (legal)
S. 4678, 116th Cong. (2026), https://openamerica.io/bill/116-S-4678/.
Markdown link
[S. 4678: PTC Elimination Act](https://openamerica.io/bill/116-S-4678/)
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