Grid Resiliency Tax Credit Act
Offers a 30% tax credit for qualifying transmission lines and related substation property, with options to receive payment or transfer the credit.
In the Senate Finance Committee since Sept. 22, 2026, 16 days after it was introduced. Most bills never leave committee.
- INTRODUCEDINTROSEP 22, 2026
- COMMITTEECOMM.IN COMMITTEE
- SENATESENATE—
- HOUSEHOUSE—
- LAWLAW—
What the bill would do, and why it matters
Transmission lines carry electricity from power sources to the places that use it. The bill would offer a 30% tax credit for investment in certain qualifying lines and related substation property. It would also let eligible taxpayers receive payment for or transfer the credit, with limits on which projects qualify and when the credit ends.
- INTRODUCED ONLY This bill has been introduced and possibly referred to a committee, but it has not passed any vote. Most introduced bills never become law — they die in committee without a hearing.
- DATA NOTE No Congressional Research Service summary was available.
- Creates a 30% transmission-line credit
A taxpayer’s credit would equal 30% of qualifying investment in an eligible electric transmission line. The investment can include the cost basis of qualifying line property placed in service and certain costs for related substation property.
- Sets which lines qualify
Eligible lines include significant transmission lines that meet capacity, voltage or conductor, and route requirements, as well as certain generator tie lines of at least 230 kilovolts serving new or expanded electricity generation or energy storage. The bill also covers specified capacity-increasing modifications to some existing lines.
- Allows payment or transfer of credits
Eligible taxpayers could elect to receive a payment for the credit or transfer it. Federal power marketing agencies are included among entities eligible for elective payments, and those payments would be exempt from reduction under sequestration orders.
- Bars duplicate credits and sets an end date
The same property could not receive this credit if it already receives a credit under section 48 or 48E. The credit would not apply to property whose construction begins after December 31, 2036.
The bill cites aging grid infrastructure and a need for more transmission capacity. It says transmission investment could improve reliability and resilience, expand access to different power sources, support jobs, and help protect consumers from electricity rate increases.
Written from the bill text.
The path it took, step by step
- IntroducedSEP 22, 2026SENATESEP 22, 2026By Sen. HeinrichReferred to Finance
- SAME DAYNOWSenate committeeSEP 22, 2026FINANCE NOWSEP 22, 2026In committee for 16 daysNo hearing yet
- 16 DAYS SO FARPassed the Senate—SENATE FLOOR—Not scheduled
- House committee—HOUSE—
- Passed the House—HOUSE FLOOR—Not scheduled
- Resolve differencesONLY IF NEEDEDBOTH CHAMBERSONLY IF NEEDEDSkipped if the other chamber passes the same text
- Signed into law—PRESIDENT—10 days to sign or veto
- SEP 222026SEP 22, 2026REFERREDRead twice and referred to the Committee on Finance.
- SEP 222026SEP 22, 2026INTRODUCEDSENATEIntroduced in Senate
At day 16, this bill is already older than 5% of the laws passed this Congress were when they were signed.
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