To amend the Internal Revenue Code of 1986 to reverse certain energy-related modifications enacted by Public Law 119-21.

Key Points

• This bill would reverse several clean energy tax credit rollbacks that were enacted by Public Law 119-21 (the "One Big Beautiful Bill"). It restores and extends tax breaks for energy-efficient buildings, clean hydrogen, and clean electricity production and investment.
• The New Energy Efficient Home Credit would be extended from a June 2026 cutoff all the way to December 31, 2032, giving homebuilders six more years to claim credits for building energy-efficient houses.
• Clean hydrogen production facilities would get five extra years to qualify, with the construction deadline moved from January 1, 2028 to January 1, 2033.
• The clean electricity production credit phase-out would be tied to actual emissions progress rather than a fixed calendar date. The credit would not begin phasing out until U.S. power sector emissions fall to 25% of 2022 levels, or 2032, whichever comes later.
• The bill also restores the Energy Efficient Commercial Buildings Deduction (Section 179D) by striking the termination provision that was added by Public Law 119-21, giving commercial property owners continued access to deductions for energy-efficient upgrades.