NO GOTION Act

This bill would stop companies that are created in, organized in, or controlled by China, Russia, Iran, or North Korea from receiving a wide range of U.S. tax breaks related to energy. These tax breaks cover things like clean fuel, clean electricity, electric vehicles, hydrogen production, carbon capture, nuclear power, and energy-efficient buildings. Companies controlled by entities from those four countries would also be blocked. The bill would also prevent these companies from getting refunds on certain federal taxes they paid on fuels like biodiesel and alternative fuel mixtures.

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