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S 1016 117th Congress Senate Taxation Business expenses Electric power generation and transmission Income tax credits

Electric Power Infrastructure Improvement Act

Introduced: March 25, 2021 Introduced by: Heinrich, Martin Democratic · New Mexico See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Mar 25, 2021
Read twice and referred to the Committee on Finance.
Mar 25, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

Electric Power Infrastructure Improvement Act

This bill allows a tax credit through 2031 for investment in a qualifying electric power transmission line property. The bill defines qualifying electric power transmission line property as (1) any overhead, submarine, or underground transmission facility that is capable of transmitting electricity at a voltage of not less than 275 kilovolts, has a transmission capacity of not less than 500 megawatts, is an alternating current or direct current transmission line, and delivers power produced in either a rural area or offshore; and (2) conductors or cables, or other specified equipment, necessary for the proper operation of the facility.

What's happening now March 25, 2021

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 2406 Identical bill Electric Power Infrastructure Improvement Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1016: Electric Power Infrastructure Improvement Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-1016/
MLA
"S. 1016: Electric Power Infrastructure Improvement Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1016/.
Bluebook (legal)
S. 1016, 117th Cong. (2026), https://openamerica.io/bill/117-S-1016/.
Markdown link
[S. 1016: Electric Power Infrastructure Improvement Act](https://openamerica.io/bill/117-S-1016/)
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