TCS Databases

A Taxpayers for Common Sense Project

Author: admin

  • Low Emissions Electricity Program: Assessment

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    Agency: Environmental Protection Agency   Description: To assess, not later than 1 year after the date of enactment of this section, the reductions in greenhouse gas emissions that result from changes in domestic electricity generation and use that are anticipated to occur on an annual basis through fiscal year 2031. Bill Section: 60107(a)(5) US Code:…

  • Residential Clean Energy Credit

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    Agency: Department of the Treasury   Description: Tax credit of up to 30% (varying amounts depending on year) for expenditures for certain solar electric, solar water heater, fuel cell, small wind, geothermal heat pump, and battery storage technologies. Bill Section: 13302 US Code: 26 USC 25D New or Existing: Existing Potential Cost:      $22,000,000,000 Timeline:…

  • Energy Efficient Home Improvement Credit

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    Agency: Department of the Treasury   Description: Tax credit of 30% for individuals implementing “qualified energy efficiency improvements” for certain “residential energy property expenditures” and home energy audits. Bill Section: 13301 US Code: 26 USC 25C New or Existing: Existing Potential Cost:      $12,451,000,000 Timeline:      2022-2032   TCS Notes: Qualified Energy Efficiency Improvements includes…

  • Sustainable Aviation Fuel Credit

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    Agency: Department of the Treasury   Description: Tax credit of $1.25/gallon or more for aviation fuel meeting certain GHG and other requirements Bill Section: 13203 US Code: 26 USC 40B New or Existing: New Potential Cost:      $490,000,000 Timeline:      2023-2024 (later folds into Clean Fuel Production credit)   TCS Notes: For fuel meeting 50%…

  • Fueling Aviation’s Sustainable Transition Grant Program: Sustainable Aviation Fuel (FAST-SAF)

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    Agency: Department of Transportation   Description: A competitive grant program for projects that “produce, transport, blend, or store sustainable aviation fuel.” Bill Section: 40007(a)(1) US Code: 49 USC 44504 New or Existing: New Potential Cost:      $244,530,000 Timeline:      FY22-26   TCS Notes: Requires land use change to be incorporated into GHG emission modeling; eligible…

  • Increase in Energy Credit of Solar and Wind Facilities Placed in Service in Connection With Low-Income Communities

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    Agency: Department of the Treasury   Description: Investment tax credit for small-scale solar and wind facilities in low-income communities. Bill Section: 13103 US Code: 26 USC 48(e) New or Existing: New Potential Cost:      N.A. Timeline:      2023 to until 48E(h) becomes available   TCS Notes: Cost rolled into score of Sec. 13101, Renewable electricity…

  • Renewable electricity production tax credit (PTC)

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    Agency: Department of the Treasury   Description: For closed- and open-loop biomass (latter includes livestock waste) facilities, landfill gas or trash facilities, qualified hydropower, marine and hydrokinetic, wind, and geothermal or solar energy. Also known as the Production Tax Credit (PTC) and Investment Tax Credit (ITC). Bill Section: 13101 US Code: 26 USC 45(d) and…

  • Zero-emission Nuclear Power Production Credit

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    Agency: Department of the Treasury   Description: Tax credit for electricity produced at qualified nuclear power facilities. Bill Section: 13105 US Code: 26 USC 45U New or Existing: New Potential Cost:      $30,000,000,000 Timeline:      Through 2032   TCS Notes: Duplicative of other federal subsidy programs. Elective Payment and Transferability allowed in certain cases. Other…

  • Fueling Aviation’s Sustainable Transition Grant Program: Low-Emission Aviation Technologies (FAST-Tech)

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    Agency: Department of Transportation   Description: A competitive grant program for projects that “develop, demonstrate, or apply low-emission aviation technologies,” which are defined as technologies that significantly improve aircraft fuel efficiency, increase the utilization of sustainable aviation fuel, or reduce greenhouse gas emissions. Bill Section: 40007(a)(2) US Code: 49 USC 44504 New or Existing: New…

  • Low-Carbon Transportation Materials Program

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    Agency: Department of Transportation   Description: To reimburse or provide incentives to eligible recipients for the use of low-embodied carbon construction materials and products in federally-funded highway projects. Bill Section: 60506 US Code: 23 USC 179 New or Existing: New Potential Cost:      $2,000,000,000 Timeline:      FY22-26