NO GOTION Act

This bill would stop governments and organizations connected to China, Cuba, Iran, North Korea, Russia, or the Maduro government in Venezuela from receiving U.S. tax breaks related to energy. This includes companies headquartered in those countries, organized under their laws, or owned or controlled by their governments. The tax breaks covered include credits for things like clean energy production, clean vehicles, biofuels, carbon capture, hydrogen production, and energy-efficient building improvements, among others. These entities would also not be allowed to get refunds on certain federal taxes paid on fuels like biodiesel and alternative fuel mixtures.

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