Senator Jerry Moran of Kansas emphasized the importance of new tax credit policies and domestic content requirements to prioritize Kansas businesses and manufacturers. This statement was made during an interview, following the passage of a Senate reconciliation bill.
"Supporting Kansas, its people and its economy, has always been my priority," said Moran. "I will continue to make certain that Kansas manufacturers and local businesses are at the forefront of all decisions. We welcome investment into our state. It is critical that we find ways to support the local Kansas businesses that grow our economy and provide jobs to those who call our state home."
According to Reuters, Senate Republicans introduced a revised tax and budget bill that proposes ending certain credits by September 2025. The legislation, known as the One Big Beautiful Bill Act, will terminate the $7,500 federal electric vehicle (EV) tax credit for new purchases and the $4,000 credit for used EVs by September 30, 2025. This move accelerates the phase-out initially planned under the Inflation Reduction Act. The change aims to provide certainty in tax policy timelines, allowing consumers, automakers, and dealerships to plan accordingly. By removing these incentives, resources are redirected toward broader tax reform and budget consolidation efforts.
The Bipartisan Policy Center's analysis indicates that the Foreign Entity of Concern (FEOC) provisions within the legislation prevent companies with Chinese-linked investors or suppliers from claiming energy credits. The bill introduces FEOC restrictions that bar entities deemed "Prohibited Foreign Entities," such as those with ties to China, Russia, Iran, or North Korea. This measure seeks to secure U.S. energy supply chains by disallowing credits to projects reliant on or receiving assistance from such entities.
Lexology reported that the bill also strengthens domestic content requirements for clean energy tax credits. These rules require a greater share of components and materials to be sourced from American suppliers. The intent is to spur domestic manufacturing and investment by encouraging producers to use U.S. labor and materials to remain eligible for federal incentives. Frost Brown Todd summarizes these provisions as core features of the legislation.
Senator Moran was first elected to the United States Senate in 2010 and has served in various leadership roles, including on the Senate Committee on Appropriations and as Chairman of the Senate Committee on Veterans’ Affairs. His committee assignments cover agriculture, commerce, aviation, intelligence, and Indian affairs. Moran's official biography highlights his previous service in the U.S. House of Representatives and his commitment to representing Kansans at the federal level.
