22. Department of the Treasury · Major · Needs Congress
Repeal the Inflation Reduction Act's green energy tax credits
Printed page 696 22. Department of the Treasury
“The next Administration should also push for legislation to fully repeal recently passed subsidies in the tax code, including the dozens of credits and tax breaks for green energy companies in Subtitle D of the Inflation Reduction Act.”
What has happened
- Partially done
Executive Order 14315 directed the Treasury Secretary to enforce the new terminations strictly, including tightening the 'beginning of construction' test for the section 45Y and 48E credits and the prohibited-foreign-entity rules — an implementing step on the credits Congress did not repeal outright.
- Partially done
Public Law 119-21, sections 70501–70515, terminated or wound down most of the Inflation Reduction Act's Subtitle D energy credits: the previously-owned and new clean vehicle credits and the commercial clean vehicle credit end for vehicles acquired after 2025-09-30; the alternative fuel refueling property, energy efficient home improvement, residential clean energy, section 179D commercial buildings deduction and section 45L new-home credits end during 2025–2026; five-year cost recovery for energy property is repealed; the clean hydrogen credit ends after 2027; the section 45Y/48E clean electricity credits are terminated for wind and solar placed in service after 2027 and hedged with prohibited-foreign-entity rules; and section 45X advanced manufacturing is phased out. Not a full repeal: section 45Q carbon sequestration and section 45U nuclear survive with foreign-entity restrictions, and section 45Z clean fuel production was extended and expanded.
Research log
What was searched, and what didn’t count as evidence
Research notes
- The termination dates above were read section by section out of the enrolled text at
https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm(sections 70501–70515 and the “Enhancement of America-First Energy Policy” subchapter, 70521–70525). - partial, not done: the Mandate asks to “fully repeal … the dozens of credits and tax breaks for green energy companies in Subtitle D”. Sections 45Q, 45U and 45Z are Subtitle D credits that Public Law 119-21 kept — 45Z was extended through 2029 with a foreign-feedstock prohibition — so the sweep is incomplete.
- Treasury and IRS implementing guidance under EO 14315 was not run down item by item; the Federal Register Corpus was searched for the credit sections but the guidance is issued as IRS notices, which are not Federal Register documents. Recorded as an open thread rather than a further event.
- Action
- repeal
- Object
- Subtitle D green energy tax credits of the Inflation Reduction Act
- ID
- 1926