About the bill
It’s been extended 12 times since its creation, but is 13 truly the unlucky number?
The federal renewable energy Production Tax Credit (PTC) was originally created in 1992 and scheduled to expire in 1999. Yet Congress renewed it then and has since renewed it 12 times — under Democratic control, split control, and Republican control alike. It has financially helped certain sectors of renewable energy, particularly wind.
2015’s Consolidated Appropriations Act scheduled a three-year phaseout of the PTC, passed by a Republican Congress and signed into law by Democratic President Barack Obama. Under the plan, the PTC would continue unabated in 2016, then be reduced by 20 percent in 2017, 40 percent in 2018, 60 percent in 2019, and then eliminated entirely in 2020.
However, before that phaseout …
Sponsor and status
Sponsor. Senator for Oklahoma. Republican.
Last Updated: Sep 23, 2020
Length: 3 pages
116th Congress (2019–2021)
This bill was introduced on September 23, 2020, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
4 Cosponsors (4 Republicans)
Oct 7, 2015
Earlier Version — Introduced
This activity took place on a related bill, S. 2158 (114th).
Sep 23, 2020
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Apr 27, 2021
Reintroduced Bill — Introduced
This activity took place on a related bill, S. 1387 (117th).
S. 4678 (116th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number S. 4678. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2023). S. 4678 — 116th Congress: PTC Elimination Act. Retrieved from https://www.govtrack.us/congress/bills/116/s4678
“S. 4678 — 116th Congress: PTC Elimination Act.” www.GovTrack.us. 2020. March 21, 2023 <https://www.govtrack.us/congress/bills/116/s4678>
PTC Elimination Act, S. 4678, 116th Cong. (2020).
|title=S. 4678 (116th)
|accessdate=March 21, 2023
|author=116th Congress (2020)
|date=September 23, 2020
|quote=PTC Elimination Act
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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.