A bill to amend the Internal Revenue Code of 1986 to extend the clean electricity production credit and the clean electricity investment credit based on increases in the price of, and demand for, electricity, and for other purposes.

This bill would amend the Internal Revenue Code to modify how the clean electricity production credit and clean electricity investment credit operate. Rather than maintaining fixed credit amounts, the bill would tie these credits to market conditions, specifically adjusting them based on changes in electricity prices and demand levels. This approach would allow the tax incentives to respond dynamically to market conditions in the electricity sector. If enacted, the bill could affect businesses and individuals involved in clean energy projects by changing the financial incentives available for investing in or producing clean electricity. The bill is currently in the early stages of the legislative process, having been introduced in the Senate and referred to committee for consideration.