NO GOTION Act
Rep. Moolenaar Introduces NO GOTION Act to Block Green Energy Tax Breaks for Chinese and Russian Firms
The NO GOTION Act is currently in the early stages of the legislative process. It was recently sent to the House Committee on Ways and Means for review. There are no upcoming votes scheduled at this time.
Legislative Progress
There is strong bipartisan support for limiting Chinese influence in the U.S. economy, but the bill must still clear the Senate and compete with other tax priorities.
Key Points
Impact Analysis
Personal Impact
U.S. small businesses in the clean energy supply chain that rely on partnerships or components from Chinese-controlled companies could see disruption if those partners lose tax credit eligibility. On the other hand, domestic small manufacturers and installers could benefit from reduced foreign competition for green energy tax incentives.
“In the case of any disqualified company, this title shall be applied without regard to sections 30C, 40, 40A, 40B, 45, 45Q, 45U, 45V, 45W, 45X, 45Y, 45Z, 48, 48C, 48E, 179D, 6426(c), 6426(d), 6426(e), and 6427(e).”
State Impacts
Milestones
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
2 articlesMoolenaar, LaHood offer bill to disallow green energy production tax credits going to adversaries
U.S. Reps. John Moolenaar and Darin LaHood unveiled a bipartisan measure on Jan. 16 that would prohibit companies connected to certain countries of concern from qualifying for green energy production tax credits implemented under the Inflation Reduction Act.
Politico Influence: Gotion registers first in-house lobbyist
Rep. John Moolenaar, who co-authored the NO GOTION Act to bar companies affiliated with the Chinese Communist Party from receiving IRA tax credits, has become the new chair of the House Select China Committee as pressure on China-linked battery makers intensifies.
Source Information
Document Type
Congressional Bill
Official Title
NO GOTION Act
Data Sources
Sponsor
Cosponsors
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