S 369 United States Senate · 119th Congress

NO GOTION Act

This bill denies U.S. green energy tax credits to companies tied to designated "foreign adversaries," including those owned by governments of Cuba, Venezuela (under Maduro), or other nations identified under U.S. law. It blocks eligibility for tax benefits under specific clean energy provisions (like credits for solar, wind, and energy-efficient buildings) if a company meets defined criteria: having 10%+ ownership by a foreign adversary government, being controlled by such entities, or having certain financial arrangements (like leases or debt) with them. The law applies to future tax years and aims to prevent taxpayer-funded incentives from flowing to entities linked to nations deemed adversarial by the U.S. government. It does not alter existing tax credits for companies not meeting these criteria.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
President
Introduced Feb 3, 2025 Last action Feb 3, 2025
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Total actions
2
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0
Committee
1
Feb 3, 2025
Committee
Read twice and referred to the Committee on Finance.
upper
Feb 3, 2025
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Rick Scott
Rick Scott
RRepublican
FL
n/a