Makes it easier and cheaper to upgrade the nation's electric grid with modern power lines.
This bill would make it easier and cheaper to upgrade the nation's electric grid. It offers tax credits to companies that install advanced power lines and speeds up federal reviews for these projects. The goal is to modernize the grid, making it more reliable and potentially lowering energy costs for everyone.
Today, companies upgrading power lines don't have specific tax credits for advanced technology, and federal environmental reviews follow standard processes. After this bill, companies could get a tax credit of 6% or 30% for installing advanced power lines, and certain upgrade projects would get faster federal environmental reviews, helping to modernize the grid more quickly.
HR 9945 · 119th Congress · July 23, 2026 · AI Summary by gemini-2.5-flash · 8/10
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