A resolution designating August 21, 2025, as "Fentanyl Prevention and Awareness Day".
- Last Action
- 8/2/2025
Actions
- 2025-02-03Read twice and referred to the Committee on Finance.
- 2025-02-03Introduced in Senate
CRS Summary
As of 2025-02-03 (00)
No Official Giveaways Of Taxpayers’ Income to Oppressive Nations Act or the NO GOTION Act
This bill prohibits certain entities associated with China, Cuba, Iran, North Korea, Russia, or the Maduro regime of Venezuela from claiming various energy-related federal tax incentives.
Specifically, certain energy-related federal tax incentives may not be claimed by
- the government, a government instrumentality, or an agency of China, Cuba, Iran, North Korea, Russia, or the regime of Nicolas Maduro in Venezuela;
- any entity that is organized under the laws of or is headquartered in one of these countries; or
- any entity that is owned, controlled, directed, or influenced by or that has certain financial or contractual connections with any such government, government instrumentality, agency, or entity.
Such entities may not claim the federal tax credits for
- alternative fuel vehicle refueling property,
- second-generation biofuel,
- biodiesel fuel,
- sustainable aviation fuel,
- renewable electricity production,
- carbon sequestration,
- zero-emission nuclear power production,
- clean hydrogen production,
- clean commercial vehicles,
- advanced manufacturing production,
- clean electricity production,
- clean fuel production,
- investments in energy property,
- advanced energy projects,
- clean electricity investment,
- biodiesel mixtures,
- alternative fuel, and
- alternative fuel mixtures.
Further, such entities are prohibited from claiming the federal tax deduction for energy efficient improvements to commercial buildings.
Finally, such entities are not entitled to a credit or refund of federal excise taxes paid on biodiesel, alternative fuel, or sustainable aviation fuel mixtures produced by the entities.
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.