This bill would amend the Internal Revenue Code of 1986 to establish a tax credit for the installation of regionally significant electric power transmission lines. The measure was introduced in the Senate by Senator Martin Heinrich on September 22, 2026, and was read twice and referred to the Senate Committee on Finance. The text provided does not include details such as the credit amount, eligibility rules, or definitions of "regionally significant." No publicly available information.
If enacted, the bill would create a federal tax credit tied to installing certain electric power transmission lines described as "regionally significant." Who could claim the credit, how large the credit would be, and which projects qualify are not included in the available material. No publicly available information.
No publicly available information on estimated federal revenue effects, budgetary costs, or any Congressional Budget Office scoring for this bill.
Sponsor: Senator Martin Heinrich. No publicly available information on proponents' stated arguments, goals, or claimed benefits in the provided material.
No publicly available information on opponents' views, concerns, or objections in the provided material.