Lets developers of biomass energy facilities get new tax credits for building projects.
This bill would offer new tax breaks to companies that build biomass energy facilities. Developers and owners of these facilities would get a 30 percent tax credit on investments and expanded production tax credits. These changes would apply to facilities built after the bill becomes law.
Today, investment tax credits for biomass facilities do not specifically treat them as 'energy property' eligible for a 30 percent credit. Also, production credits are mostly for facilities built before January 1, 2025, and have some limits. If this bill becomes law, new biomass facilities would qualify for a 30 percent investment tax credit and expanded production tax credits, with certain limits removed. These benefits would apply to projects starting construction after the bill is signed into law.
HR 9746 · 119th Congress · July 16, 2026 · AI Summary by gemini-2.5-flash · 10/10
Sign in to see your representatives' phone numbers