Federal tax law gives credits for a wide range of clean-energy activities — building electric vehicle charging stations, producing biofuels, capturing carbon, generating renewable electricity, and manufacturing solar panels, batteries, and other components. This bill would deny those credits (covering sections 30C, 40, 40A, 40B, 45, 45Q through 45Z, 48, 48C, 48E, 179D, and related fuel credits) to any company that is owned, controlled, directed, or materially influenced by entities tied to foreign adversaries — China, Russia, Iran, North Korea, Cuba, or Venezuela under Maduro. The threshold for "control" is low: 10% equity ownership by adversary parties, or even just a debt, lease, license, or derivative arrangement that gives the adversary entity influence. The credits apply to taxable years beginning after enactment.
Corporate Benefits
- Domestic clean-energy producer protection — Adversary-affiliated competitors lose access to §30C, §45, §45X, §48, and related credits
Environmental Concerns
- Clean-energy tax credit eligibility — Narrowed to exclude companies with 10%+ foreign-adversary ownership or significant adversary-influence ties
Congressional Summary
No Official Giveaways Of Taxpayers’ Income to Oppressive Nations Act or the NO GOTION ActThis bill prohibits certain entities associated with China, Cuba, Iran, North Korea, Russia, or the Maduro regime of Venezuela from claiming various energy-related federal tax incentives.Specifically, certain energy-related federal tax incentives may not be claimed bythe government, a government instrumentality, or an agency of China, Cuba, Iran, North Korea, Russia, or the regime of Nicolas Maduro in Venezuela;any entity that is organized under the laws of or is headquartered in one of these countries; orany entity that is owned, controlled, directed, or influenced by or that has certain financial or contractual connections with any such government, government instrumentality, agency, or entity.Such entities may not claim the federal tax credits foralternative fuel vehicle refueling property,second-generation biofuel,biodiesel fuel,sustainable aviation fuel,renewable electricity production,carbon sequestration,zero-emission nuclear power production,clean hydrogen production,clean commercial vehicles,advanced manufacturing production,clean electricity production,clean fuel production,investments in energy property,advanced energy projects,clean electricity investment,biodiesel mixtures,alternative fuel, andalternative fuel mixtures.Further, such entities are prohibited from claiming the federal tax deduction for energy efficient improvements to commercial buildings.Finally, such entities are not entitled to a credit or refund of federal excise taxes paid on biodiesel, alternative fuel, or sustainable aviation fuel mixtures produced by the entities.
Details
- Congress
- 119th
- Chamber
- Senate
- Status
- summarized
- Action
- Introduced in Senate
- Action Date
- 2025-02-03
- Date Added
- 2026-05-16
- Source
- Congress.gov →
Like reading a bill in plain English?
We're building an app that does this for every bill in Congress and lets you tell your reps how you want them to vote. We're a small team getting ready to launch, and we're trying to show investors that real people want this. Be one of them. Help us get it built. Leave your email and we'll tell you the moment the app is ready.