I 
117TH CONGRESS 
2D SESSION 
H. R. 6644 
To amend the Internal Revenue Code of 1986 to repeal the production 
tax credit and the investment tax credit. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 8, 2022 
Mr. PERRY 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 repeal 
the production tax credit and the investment tax credit. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. REPEAL OF ENERGY CREDIT AND CREDIT FOR 
ELECTRICITY PRODUCED FROM CERTAIN RE-
NEWABLE RESOURCES. 
(a) REPEAL OF PRODUCTION CREDIT.— 
(1) IN GENERAL.—Subpart D of part IV of 
subchapter A of chapter 1 of the Internal Revenue 
Code of 1986 is amended by striking section 45 (and 
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by striking the item relating to such section in the 
table of sections for such subpart). 
(2) CONFORMING AMENDMENTS.— 
(A) Section 38 of such Code is amended— 
(i) in subsection (b), by striking para-
graph (8), and 
(ii) in subsection (c)(4)(B), by strik-
ing clauses (iv) and (v). 
(B) Section 45J of such Code is amended 
by adding at the end the following new sub-
section: 
‘‘(g) REFERENCES TO SECTION 45.—Any reference 
in this section to any provision of section 45 shall be treat-
ed as a reference to such provision as in effect immediately 
before its repeal.’’. 
(C) Section 45K(g)(2) of such Code is 
amended by striking subparagraph (E). 
(D) Section 55(c)(1) of such Code is 
amended by striking ‘‘45(e)(11)(C),’’. 
(E) Section 59A(b)(4) of such Code is 
amended by inserting ‘‘and’’ at the end of sub-
paragraph (A) and by striking subparagraph 
(B). 
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(3) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply to electricity produced 
and sold after December 31, 2021. 
(b) REPEAL OF ENERGY CREDIT.— 
(1) IN GENERAL.—Subpart D of part IV of 
subchapter A of such Code is amended by striking 
section 48 (and by striking the item relating to such 
section in the table of sections for such subpart). 
(2) CONFORMING AMENDMENTS.— 
(A) Section 38(c)(4)(B) of such Code is 
amended by striking clause (x). 
(B) Section 25(e)(3) of such Code is 
amended by adding ‘‘(as in effect immediately 
before its repeal)’’ before the period at the end. 
(C) Section 45K(b)(3) of such Code is 
amended by striking ‘‘(within the meaning of 
section 48(a)(4)(C))’’ and inserting ‘‘(within 
the meaning of section 48(a)(4)(C) as in effect 
immediately before its repeal)’’. 
(D) Section 48A(b)(2) of such Code is 
amended by striking ‘‘section 48(a)(4) (without 
regard to subparagraph (D) thereof)’’ and in-
serting ‘‘section 48(a)(4), as in effect imme-
diately before its repeal (without regard to sub-
paragraph (D) thereof)’’. 
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(E) Section 48B(b)(2) of such Code is 
amended by striking ‘‘section 48(a)(4) (without 
regard to subparagraph (D) thereof)’’ and in-
serting ‘‘section 48(a)(4), as in effect imme-
diately before its repeal (without regard to sub-
paragraph (D) thereof)’’. 
(F) Section 48C(e) of such Code is amend-
ed by striking ‘‘48,’’. 
(G) Section 50(a)(2)(E) of such Code is 
amended by striking ‘‘section 48(b)’’. 
(H) Section 168(e)(3) of such Code is 
amended— 
(i) in clause (v), by adding ‘‘and’’ at 
the end, and 
(ii) by striking clause (vi). 
(I) Section 409 of such Code is amended— 
(i) in subsection (g), by striking ‘‘sec-
tion 48(n)(1) or’’ and ‘‘section 48(n)(1) 
and’’, and 
(ii) in subsection (m), by striking ‘‘, 
or subparagraph (A) or (B) of section 
48(n)(1)’’. 
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