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38 House Republicans Want a Full IRA Repeal

Clean Energy Tax Credits in the BalanceWhat’s new:* The House Ways and Means Committee is expected to mark up a budget reconciliation bill on Tuesday, May 13th. The final text is not yet public, but draft language could be released as early as this weekend. * A vote on the full reconciliation package could come before Memorial Day.Key concerns:* The 45X tax credit may remain, but with a foreign entity of concern (FEOC) restriction so strict that it becomes unworkable.* 25D (residential solar credit) remains uncertain. Fewer lawmakers have defended it compared to other credits.* 48E and 48C…

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