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H.R. 7450119th CongressIn committeeLatest action Feb 9, 2026Decoded by AI · checked against the record
Official title: Disaster Zone Energy Affordability and Investment Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Businesses in disaster zones could sell unused energy tax credits, up to the amount they spend operating in that area within two years.
45-second read · 4 questions answered below
This bill creates an exception to current tax law that normally prevents businesses from selling or transferring unused energy tax credits. Businesses in federally or governor-declared disaster zones that happened after December 31, 2023 could transfer those credits to other taxpayers. The amount transferred cannot exceed what the business actually spends on operations in the disaster area within two years of the disaster declaration.
This applies to businesses, not individual households, that already hold unused general business energy credits. To qualify, those businesses must be spending money to operate in a federally or state-recognized disaster zone.
Under current law, unused energy credits can be carried forward to future tax returns but cannot be sold or transferred. This bill would allow disaster-affected businesses to convert those otherwise stuck credits into value by transferring them.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Ways and Means.