Grid Resiliency Tax Credit Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 5803 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 5803 To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 28, 2023 Mr. Horsford (for himself and Ms. Lee of Nevada) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a tax credit for installation of regionally significant electric power transmission lines. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Grid Resiliency Tax Credit Act''. SEC. 2. FINDINGS. Congress finds the following: (1) A robust electric power transmission system is critical to the economic, energy, and national security of the United States. (2) The electric grid f…