Energy (Energy Storage)

This bill amends the tax code to expand eligibility for publicly traded partnerships in the clean energy sector. It specifically defines qualifying activities, including generating power from solar/wind (using "qualified energy resources"), operating energy storage systems, processing renewable biomass, and producing low-emission fuels. These partnerships can now qualify for favorable tax treatment if they engage in these defined activities, directly affecting how such businesses structure investments. The changes apply to taxable years beginning after December 31, 2025.