{"id":26986,"date":"2025-06-30T11:26:17","date_gmt":"2025-06-30T11:26:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/26986\/"},"modified":"2025-06-30T11:26:17","modified_gmt":"2025-06-30T11:26:17","slug":"a-list-of-nearly-everything-in-the-senate-g-o-p-bill-and-how-much-it-would-cost-or-save","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/26986\/","title":{"rendered":"A List of Nearly Everything in the Senate G.O.P. Bill, and How Much It Would Cost or Save"},"content":{"rendered":"\n\n

Clean fuel production credit<\/p>\n

Extend credit for biofuels an additional four years through 2031 and make changes<\/p>\n<\/td>\n$26 bil.<\/td>\n<\/tr>\n\n\n

Carbon oxide sequestration credit<\/p>\n

Restrict access for foreign entities<\/p>\n<\/td>\n$14 bil.<\/td>\n<\/tr>\n\n\n

Partnership rules for companies involved in energy extraction and storage<\/p>\n

Allow publicly traded companies substantially involved in hydrogen storage, carbon capture, advanced nuclear, hydropower and geothermal energy to be taxed as partnerships<\/p>\n<\/td>\n$3.2 bil.<\/td>\n<\/tr>\n\n\n

Methane emissions and waste reduction rescissions<\/p>\n

Postpone for 10 years the implementation of a fee on methane leaks from oil and gas operations and rescind funding for other programs to reduce leaks<\/p>\n<\/td>\n$1.4 bil.<\/td>\n<\/tr>\n\n\n

Intangible drilling and development costs<\/p>\n

Change the tax treatment for certain costs for corporations involved in energy drilling<\/p>\n<\/td>\n$0.4 bil.<\/td>\n<\/tr>\n\n\n

Refunds for dyed fuels<\/p>\n

Allow refunds of federal fuel excise taxes paid on fuel that was indelibly dyed for off-road or agricultural purposes<\/p>\n<\/td>\n\u2014<\/td>\n<\/tr>\n\n\n

Expedited environmental reviews<\/p>\n

Allow project sponsors to expedite environmental reviews for a fee<\/p>\n<\/td>\n\u2014<\/td>\n<\/tr>\n\n\n

Endangered Species Act recovery plans rescission<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2014<\/td>\n<\/tr>\n\n\n

Diesel emissions reductions rescission<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.1 bil.<\/td>\n<\/tr>\n\n\n

\u201cClimate Change Action Plans\u201d for state, local and tribal governments<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.1 bil.<\/td>\n<\/tr>\n\n\n

Carbon footprint labeling for construction materials rescission<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.1 bil.<\/td>\n<\/tr>\n\n\n

Air pollution rescission<\/p>\n

Rescind Inflation Reduction Act funds, including for schools<\/p>\n<\/td>\n\u2013$0.1 bil.<\/td>\n<\/tr>\n\n\n

Energy efficient commercial buildings deduction<\/p>\n

Terminate a tax deduction for energy efficient HVAC, lighting systems, and other improvements for construction 12 months after enactment<\/p>\n<\/td>\n\u2013$0.1 bil.<\/td>\n<\/tr>\n\n\n

Green and Resilient Retrofit Program rescission<\/p>\n

Rescind Inflation Reduction Act funds for green housing program<\/p>\n<\/td>\n\u2013$0.1 bil.<\/td>\n<\/tr>\n\n\n

Other Inflation Reduction Act rescissions<\/p>\n

Related to greenhouse gases, environmental reviews, low-emissions electricity, data collection and hydrofluorocarbons<\/p>\n<\/td>\n\u2013$0.2 bil.<\/td>\n<\/tr>\n\n\n

Declarations advertising the environmental impact of products rescission<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.2 bil.<\/td>\n<\/tr>\n\n\n

Sustainable aviation rescission<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.2 bil.<\/td>\n<\/tr>\n\n\n

Environmental and climate justice block grants<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.3 bil.<\/td>\n<\/tr>\n\n\n

Clean heavy-duty vehicles rescission<\/p>\n

Rescind Inflation Reduction Act funds that help states and localities adopt zero-emission vehicles<\/p>\n<\/td>\n\u2013$0.4 bil.<\/td>\n<\/tr>\n\n\n

Cost recovery for energy property and clean energy facilities<\/p>\n

Eliminates special tax treatment for certain clean energy projects begun after enactment<\/p>\n<\/td>\n\u2013$0.4 bil.<\/td>\n<\/tr>\n\n\n

Green federal buildings rescissions<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$0.7 bil.<\/td>\n<\/tr>\n\n\n

Low-carbon transportation material grants rescission<\/p>\n

Rescind Inflation Reduction Act funds<\/p>\n<\/td>\n\u2013$1.3 bil.<\/td>\n<\/tr>\n\n\n

Neighborhood Access and Equity Grant Program rescission<\/p>\n

Rescind Inflation Reduction Act funds for a grant program to improve walkability, safety and affordable transportation<\/p>\n<\/td>\n\u2013$1.7 bil.<\/td>\n<\/tr>\n\n\n

Alternative fuel vehicle refueling property credit<\/p>\n

Terminate 12 months after enactment<\/p>\n<\/td>\n\u2013$2.0 bil.<\/td>\n<\/tr>\n\n\n

Automaker fuel economy penalties<\/p>\n<\/td>\n\u2013$2.8 bil.<\/td>\n<\/tr>\n\n\n

Energy efficient credit for new homes<\/p>\n

Terminate a tax credit for the construction of new homes that meet energy star standards 12 months after enactment<\/p>\n<\/td>\n\u2013$5.4 bil.<\/td>\n<\/tr>\n\n\n

Clean hydrogen production credit<\/p>\n

Terminate at the end of 2025<\/p>\n<\/td>\n\u2013$5.9 bil.<\/td>\n<\/tr>\n\n\n

Previously owned clean vehicle credit<\/p>\n

Terminate a tax credit for clean energy used car purchases 180 days after enactment<\/p>\n<\/td>\n\u2013$7.4 bil.<\/td>\n<\/tr>\n\n\n

Energy efficient home improvement credit<\/p>\n

Terminate a tax credit for energy audits and renovations to improve efficiency 180 days after enactment<\/p>\n<\/td>\n\u2013$21 bil.<\/td>\n<\/tr>\n\n\n

Clean electricity production and investment credit<\/p>\n

Phase down tax credits for low-emissions electricity sources like wind, solar, nuclear and geothermal power. New restrictions on transferability and the use of components from China.<\/p>\n<\/td>\n\u2013$29 bil.<\/td>\n<\/tr>\n\n\n

Advanced manufacturing production credit<\/p>\n

Phase out in 2031, one year earlier than current law, and disqualify facilities that use certain components from China and other \u201cforeign entities of concern\u201d<\/p>\n<\/td>\n\u2013$50 bil.<\/td>\n<\/tr>\n\n\n

Residential clean energy credit<\/p>\n

Terminate the tax credit for rooftop solar, geothermal heat pumps and other home devices 180 days after enactment<\/p>\n<\/td>\n\u2013$77 bil.<\/td>\n<\/tr>\n\n\n

Clean vehicle credit<\/p>\n

Terminate the $7,500 consumer rebate for electric vehicles 180 days after enactment<\/p>\n<\/td>\n\u2013$78 bil.<\/td>\n<\/tr>\n\n\n

Qualified commercial clean vehicles credit<\/p>\n

Terminate the credit for companies that buy electric cars or trucks, including businesses that lease the vehicles to consumers, 180 days after enactment<\/p>\n<\/td>\n\u2013$105 bil.<\/td>\n<\/tr>\n\n\n

Clean energy electricity investment credit<\/p>\n

Phase down tax credits for investments in zero emissions electricty sources, starting in 2026.<\/p>\n<\/td>\n\u2013$179 bil.<\/td>\n<\/tr>\n","protected":false},"excerpt":{"rendered":"Clean fuel production credit Extend credit for biofuels an additional four years through 2031 and make changes $26…\n","protected":false},"author":3,"featured_media":26987,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,5959,23531,16855,3170,405,403,5226,5225,5228,5227,1054,277,67,586,16852,132,5230,68,2969],"class_list":{"0":"post-26986","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-donald-j","10":"tag-health-insurance-and-managed-care","11":"tag-law-and-legislation","12":"tag-medicaid","13":"tag-new-york","14":"tag-new-york-city","15":"tag-newyork","16":"tag-newyorkcity","17":"tag-ny","18":"tag-nyc","19":"tag-republican-party","20":"tag-trump","21":"tag-united-states","22":"tag-united-states-of-america","23":"tag-united-states-politics-and-government","24":"tag-unitedstates","25":"tag-unitedstatesofamerica","26":"tag-us","27":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114772075069177545","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=26986"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/26986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/26987"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=26986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=26986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=26986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}