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S 1387 117th Congress Senate Taxation Alternative and renewable resources Electric power generation and transmission Income tax credits

PTC Elimination Act

Introduced: April 27, 2021 Introduced by: Lankford, James Republican · Oklahoma 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
Apr 27, 2021
Read twice and referred to the Committee on Finance.
Apr 27, 2021
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 April 27, 2021

Read twice and referred to the Committee on Finance.

 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 · Apr 27, 2021
 R
Cramer, Kevin
North Dakota · Apr 27, 2021
 R
Hoeven, John
North Dakota · Apr 27, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1387: PTC Elimination Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-1387/
MLA
"S. 1387: PTC Elimination Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1387/.
Bluebook (legal)
S. 1387, 117th Cong. (2026), https://openamerica.io/bill/117-S-1387/.
Markdown link
[S. 1387: PTC Elimination Act](https://openamerica.io/bill/117-S-1387/)
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