Bill > SJRes39

This joint resolution is a congressional action aimed at nullifying a specific Internal Revenue Service (IRS) rule related to clean electricity tax credits. Specifically, the resolution targets the rule concerning Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit, which was published in the Federal Register on January 15, 2025. By passing this resolution, Congress would effectively invalidate the IRS rule, preventing it from having any legal standing or force. This type of action falls under the Congressional Review Act (Chapter 8 of Title 5, United States Code), which allows Congress to review and potentially overturn federal agency rules within a certain timeframe after they are issued. The resolution, if passed, would mean that the IRS cannot implement or enforce the specified rule regarding clean electricity tax credits, potentially impacting renewable energy incentives and tax policies related to clean energy production and investment.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-joint-resolution/39/all-info