Energy (Electric Vehicles)

This bill requires the EPA to adjust emissions calculations so that flexible fuel vehicles (FFVs) using E85 ethanol count as having 31% lower carbon emissions per mile compared to standard gasoline vehicles. It directly affects automakers who must meet fleet-wide CO2 emissions standards under current regulations. The change would allow manufacturers to use a reduced CO2 value for FFVs in their emissions calculations, based on EPA's assessment that E85 reduces emissions by 37% compared to gasoline. This adjustment applies to how the EPA determines compliance for FFVs under existing Clean Air Act standards.

# Summary of Proposed Tax Code Amendment This document is a comprehensive proposal for tax code amendments, primarily focused on extending, modifying, and creating new tax credits related to clean energy, energy efficiency, and environmental initiatives. The key components include: ## Housing and Residential Credits - **First-Time Homebuyer Tax Credit**: A refundable credit for first-time homebuyers (Section 13001) - **Renter Tax Credit**: A refundable credit for renters paying more than 30% of their adjusted gross income in rent (Section 13002) ## Clean Energy Credits (Sections 21001-21007) - Extended clean energy production credit with a new phase-out date (2032 or when greenhouse gas emissions reach 25% of 2022 levels) - Extended clean electricity investment credit for wind and solar facilities - Restored credit for wind and solar leasing arrangements - Extended clean hydrogen production credit (construction date reverted to 2033) - Extended residential clean energy credit (termination date moved to 2034) - Reinstated special rate for sustainable aviation fuel (35 cents/ gallon for certain facilities) ## Energy Efficiency Credits (Sections 22001-22004) - Restored product identification number requirement for energy-efficient home improvements - Extended new energy efficient home credit (acquisition date moved to 2032) - Repealed termination of new energy efficient commercial buildings deduction - Restored cost recovery for energy property ## Electric Vehicle and Charging Infrastructure Credits (Sections 23001-23005) - Extended previously-owned vehicle credit (acquisition date moved to 2032) - Extended clean vehicle credit (placement in service date moved to 2032) - Extended commercial clean vehicles credit (termination date moved to 2032) - Extended alternative fuel vehicle refueling property credit (termination date moved to 2032) - Created a new credit for electric bicycles (30% of cost, up to $5,000 per bicycle) ## Clean Infrastructure and Resiliency Credits (Sections 24001-24007) - Created qualifying water reuse project credit (30% of qualified investment) - Created recycling property investment credit (30% of qualified investment with phase-out) - Excluded amounts received from State-based catastrophe loss mitigation programs from gross income - Expanded exclusion for certain emergency agricultural assistance - Created credit for disaster mitigation expenditures (30% of qualifying mitigation activities) - Created qualifying electric power transmission line credit (30% of qualified investment) - Created qualifying advanced battery project credit (30% of qualified investment with $3 billion cap) The proposed amendments generally extend existing credits through 2032-2037, with some credits having phase-out schedules and others having specific termination dates. The document also includes numerous conforming amendments to other sections of the tax code to accommodate these changes.

The GREEN Streets Act (HR 5465) requires states and metropolitan planning organizations to establish and meet new performance targets for reducing greenhouse gas emissions and decreasing vehicle miles traveled on public roads. It mandates that states analyze projects increasing traffic capacity for environmental justice impacts and requires states that miss emissions targets to dedicate specific portions of federal transportation funds to projects like transit expansion, active transportation infrastructure, and transit-oriented development. The bill establishes new definitions for transit accessibility, mode share, and stop distance, and requires covered entities (metropolitan areas with populations over 250,000) to report on progress toward these targets. The legislation aims to shift transportation planning toward more sustainable, equitable, and low-emission infrastructure.

HR 4489, the Sunshine on Solar Lending Act, requires creditors offering loans for solar energy systems (like panels, batteries, or EV chargers) to clearly disclose all fees to consumers in writing. It mandates that lenders show every fee charged to third parties (such as installers), compare the financed loan amount to the total cash price of the system, and ban forced arbitration for disputes. This directly affects homeowners seeking solar financing, solar installers, and the lenders providing these loans. The bill aims to prevent hidden costs and ensure transparency in solar financing transactions under existing Truth in Lending Act rules.

This bill creates a new $1.00 per gallon tax credit for renewable natural gas (RNG) used as fuel in vehicles, boats, or aircraft. It directly affects RNG producers (who must register and certify their product) and businesses that buy or use RNG for transportation fuel. Key provisions require producers to register with the IRS, provide specific certification about the fuel's origin and volume, and limit blended RNG treatment to amounts specified in contracts. The credit expires after December 31, 2035, and applies only to RNG produced and used within the United States.

This bill creates a federal grant program to fund "low carbon corridors" connecting different transportation systems (like public transit, bike lanes, and electric vehicle infrastructure) to reduce emissions and improve connectivity. It establishes value capture financing mechanisms through tax increment districts to fund transportation infrastructure and expands tax-exempt bonds for transit-oriented development. The bill also creates a grant program to help workers transition from fossil fuel industries to sustainable jobs and establishes a National Employment Corps to guarantee employment for those displaced by the energy transition. Local governments, transit agencies, and communities near transportation hubs would directly benefit from these provisions, while requiring projects to follow prevailing wage laws.

S 2593, the PROTECT the Grid Act, requires the Secretary of Commerce to report on national security risks posed by smart home appliances (like EV chargers and smart thermostats) controlled by foreign adversaries. The bill focuses on devices exceeding 500 watts that could be remotely manipulated via foreign-controlled applications to disrupt the electric grid. The report must assess deployment levels, vulnerabilities, and recommend security measures - such as restricting federal procurement of affected devices or requiring safety certifications. It does not ban specific products but mandates a government assessment to prevent grid instability from coordinated attacks.

The CHARGE Act of 2025 establishes a $50 million annual grant program (2026-2030) to fund solar energy systems and energy storage technologies at Federally Qualified Health Centers (FQHCs). Eligible recipients - including FQHCs, state/local governments, or nonprofits representing FQHCs - can use grants to install renewable energy systems or receive technical assistance for their design and operation. The program, administered by the Department of Energy, directly supports community health centers in improving energy resilience and reducing operating costs. It specifically targets FQHCs serving underserved populations, as defined under the Social Security Act.

The Clean Energy Victory Bond Act of 2025 would authorize the U.S. Treasury to issue savings bonds (starting at $25) to the public, with annual proceeds capped at $50 billion. These bonds would fund clean energy projects - including solar/wind installations, energy-efficient buildings, electric vehicle infrastructure, and grid improvements - while requiring at least 40% of funds to support disadvantaged communities with high pollution burdens or low-income residents. Proceeds would finance federal, state, and local clean energy initiatives without direct taxpayer spending, relying on future economic benefits and tax revenue from funded projects. The bonds would carry interest based partly on energy savings achieved, mirroring WWII Victory Bonds’ public engagement model.

The RECHARGE Act (S 2653) requires the federal government to permit electric vehicle (EV) charging stations at rest areas along interstate highways. This directly affects EV drivers by addressing "range anxiety" on long trips, as it allows charging infrastructure at designated rest stops. The key provision amends highway law to explicitly authorize EV charging infrastructure (excluding other commercial activities) at these locations, while making minor technical adjustments to existing transportation programs related to natural gas refueling. The bill does not create new funding but changes where charging stations may be installed on the interstate system.