Energy Freedom Act

(a) In general. Subpart D of part IV of subchapter A of chapter 1 is amended by striking section 45 (and by striking the item relating to such section in the table of sections for such subpart).

(b) Conforming amendments

(1) Section 38 is amended—

(A) in subsection (b), by striking paragraph (8), and

(B) in subsection (c)(4)(B), by striking clauses (iv) and (v).

(2) Section 45J is amended—

(A) in subsection (c)(2)(A)(i), by inserting (as in effect on the day before the date of enactment of the Energy Freedom Act) after 45(e)(2)(C),

(B) in subsection (c)(2)(B), by inserting (as in effect on the day before the date of enactment of the Energy Freedom Act) after 45(e)(2)(B), and

(C) in subsection (f), by inserting (as in effect on the day before the date of enactment of the Energy Freedom Act) after section 45(e).

(3) Section 45K(g)(2) is amended by striking subparagraph (E).

(4) Section 55(c)(1) is amended by striking 45(e)(11)(C), .

(5) Section 59A(b)(4) is amended—

(A) in subparagraph (A), by adding and at the end,

(B) by striking subparagraph (B), and

(C) by redesignating subparagraph (C) as subparagraph (B).

(c) Effective date. The amendments made by this section shall apply to electricity produced in taxable years beginning after December 31, 2025.