On June 27, 2025, the U.S. Senate Committee on Finance unveiled updated legislative text related to clean energy tax credits within the Senate Republicans' budget reconciliation bill. The document highlights various proposals, including technology-neutral tax credits, investment tax credits, and production tax credits. Notable points in the text include specific termination dates for credits related to clean electricity production and investment, with exceptions for wind and solar facilities. There are restrictions on transferability, especially concerning Specified Foreign Entities (SFEs). The text also addresses changes in the domestic content percentage, introducing new credit categories like the energy community bonus credit and fuel cell property incentives. Despite no new allocations for projects under Section 48C, the focus remains on existing allocations without significant changes. The production tax credits for carbon oxide sequestration, zero-emission nuclear power production, and clean hydrogen production also see adjustments in the updated text. While the legislative text is subject to further modifications, the overall sentiment appears positive, aiming to support the advancement of clean energy technologies and reduce carbon emissions in the United States.