HR524119th CongressWALLET

NO GOTION Act

Sponsored By: Representative Moolenaar

Introduced

Summary

This bill would deny federal green energy tax benefits to companies tied to China, Russia, Iran, or North Korea. It sets a definition for "disqualified companies" based on where an entity is created or on aggregate control and lists the clean-energy tax provisions those companies could not use.

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  • Clean-energy developers and projects: Projects owned or controlled by disqualified companies would not qualify for major federal tax incentives, including the investment tax credit and the production tax credit.
  • Companies organized in, or controlled by, listed countries: Entities created or organized in the People's Republic of China, the Russian Federation, the Islamic Republic of Iran, or the Democratic People's Republic of Korea are treated as disqualified under the bill.
  • U.S. subsidiaries, partnerships, trusts, and estates: The bill applies a broad control test from the tax code so U.S. affiliates and pass-through entities can be disqualified when aggregate control by those countries exists.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

No green tax breaks for certain foreign-controlled firms

If enacted, this bill would block many federal clean-energy tax breaks for any "disqualified company." A company would be disqualified if it is created in, or controlled by, China, Russia, Iran, or North Korea, or controlled by an entity from those countries. Control would use existing tax rules for ownership and attribution. The ban would cover a long list of credits, like those for clean power, hydrogen, carbon capture, EV chargers, clean fuel, and energy‑efficient buildings. It would apply to tax years that start after the date of enactment.

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Sponsors & CoSponsors

Sponsor

Moolenaar

MI • R

Cosponsors

  • LaHood

    IL • R

    Sponsored 1/16/2025

  • Golden (ME)

    ME • D

    Sponsored 1/16/2025

  • Bergman

    MI • R

    Sponsored 1/16/2025

  • Huizenga

    MI • R

    Sponsored 1/16/2025

  • Walberg

    MI • R

    Sponsored 1/16/2025

  • Barrett

    MI • R

    Sponsored 1/16/2025

  • James

    MI • R

    Sponsored 1/16/2025

  • Bost

    IL • R

    Sponsored 1/16/2025

  • Malliotakis

    NY • R

    Sponsored 1/16/2025

  • Tenney

    NY • R

    Sponsored 1/16/2025

  • Cline

    VA • R

    Sponsored 1/16/2025

  • Kelly (PA)

    PA • R

    Sponsored 1/16/2025

  • Rouzer

    NC • R

    Sponsored 1/16/2025

  • Schweikert

    AZ • R

    Sponsored 1/16/2025

  • Allen

    GA • R

    Sponsored 1/16/2025

  • Newhouse

    WA • R

    Sponsored 1/16/2025

  • Finstad

    MN • R

    Sponsored 1/16/2025

  • Murphy

    NC • R

    Sponsored 1/16/2025

  • Dunn (FL)

    FL • R

    Sponsored 1/16/2025

  • Gimenez

    FL • R

    Sponsored 1/16/2025

  • Ellzey

    TX • R

    Sponsored 1/16/2025

  • Palmer

    AL • R

    Sponsored 1/16/2025

  • McClain

    MI • R

    Sponsored 1/21/2025

  • Perez

    WA • D

    Sponsored 1/21/2025

  • Lawler

    NY • R

    Sponsored 2/10/2025

  • Stefanik

    NY • R

    Sponsored 4/8/2025

  • Suozzi

    NY • D

    Sponsored 5/15/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov

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