Among the goals of the newly enacted Inflation Reduction Act (IRA) is to encourage the decarbonization of mobile sources, including vehicle, aviation, marine, and heavy duty transport. To that end, the IRA establishes many...more
In the United States, greenhouse gas emissions derive almost evenly from transportation (27%), electricity (25%) and industrial sources (24%). The Inflation Reduction Act (IRA) has been rightly heralded for enabling an...more
The Inflation Reduction Act (IRA), as passed by the House and Senate, is a major political achievement for the Biden Administration, Senate Majority Leader Chuck Schumer (D-NY), and Democrats of the 117th Congress. This is...more
8/15/2022
/ Biden Administration ,
Clean Energy ,
Electricity ,
Energy Sector ,
Federal Budget ,
Investment Tax Credits ,
Legislative Agendas ,
Popular ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Credits
Earlier this week, the U.S. Supreme Court held that Section 304 of the Bipartisan Campaign Reform Act of 2002 (BCRA) was unconstitutional. Senator Ted Cruz (R-TX) challenged the law as unconstitutional following his...more
Democrats and Republicans are at odds over the American Jobs Plan’s goals for broadband infrastructure as it faces a tough fight ahead.
- President Biden’s American Jobs Plan set out lofty goals for broadband...more
On March 31, the Administration unveiled its long-awaited infrastructure proposal from the President’s Build Back Better Plan. The American Jobs Plan will impact a multitude of industries and the economy in seven key policy...more
4/2/2021
/ Biden Administration ,
Broadband ,
Budget Reconciliation ,
Clean Energy ,
Climate Change ,
Corporate Taxes ,
Drinking Water ,
Home Healthcare Workers ,
Infrastructure ,
Investment ,
Life Sciences ,
Power Grid ,
Prevailing Wages ,
Regulatory Agenda ,
Research and Development ,
Rural Areas ,
Seismic Retrofitting ,
Tax Reform ,
Transportation Corridor
The US$900 billion COVID-19 relief bill signed into law in the waning days of 2020 includes the American Energy Act of 2020, a sweeping package of energy provisions that includes significant new government support for energy...more
The US$900 billion COVID-19 relief/stimulus package passed by Congress and signed by the President on December 27 includes sweeping energy provisions that constitute the most significant energy legislation passed by Congress...more
12/30/2020
/ Coronavirus/COVID-19 ,
Department of Energy (DOE) ,
Energy Policy ,
Energy Reform ,
Financial Stimulus ,
Infectious Diseases ,
Infrastructure ,
New Legislation ,
Nuclear Power ,
Pipelines ,
Popular ,
Relief Measures ,
Tax Extenders
On Tuesday, November 3, 2020, Americans chose the presidency and the makeup of the United States Congress. With the U.S. election now decided, with the exception of the Georgia Senate races, we are delighted to share with you...more
12/29/2020
/ 5G Network ,
Antitrust Provisions ,
Biden Administration ,
CFIUS ,
Coronavirus/COVID-19 ,
Foreign Investment ,
Healthcare Reform ,
Infectious Diseases ,
Infrastructure ,
Presidential Elections ,
Public Transportation ,
Regulatory Reform ,
Tax Reform
While there is an anticipation of greater predictability under a President Joe Biden, which is critically important to the commercial real estate industry, expected and potential changes in trade, taxation, housing and health...more
Through the last several Administrations (Democrat and Republican) the mantra has been “we support an all-of-the-above strategy” to meet U.S. energy needs. Expect that to change. The Biden Administration’s focus will shift to...more
11/19/2020
/ Biden Administration ,
Carbon Emissions ,
Clean Energy ,
Climate Change ,
Department of Energy (DOE) ,
Department of the Interior ,
Energy Policy ,
Energy Projects ,
FERC ,
Infrastructure ,
Outer Continental Shelf ,
Policy Drafting ,
Regulatory Reform
As we proceed into August, pressure continues to mount for Congress to provide additional relief to Americans impacted by the physical and economic fallout from the pandemic. Chief drivers of the potential stimulus package...more
On June 5, H.R. 7010, the Paycheck Protection Program Flexibility Act (the PPP Flexibility Act or Act), was signed into law. The bill had previously passed the House and Senate with strong bipartisan votes.
Please see full...more
Businesses across the United States have been battered by the COVID-19 crisis and many companies have been the recipients of unprecedented levels of economic assistance and tax relief under the Coronavirus Aid, Relief, and...more
With an interim relief measure, the Paycheck Protection Program (PPP) and Health Care Enhancement Act, now signed into law, the jockeying over a CARES 2.0 stimulus package has begun. What follows is a thumbnail sketch of the...more
On Friday, March 27, President Trump signed into law H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to address the catastrophic impact of COVID-19 on the U.S. economy. The CARES Act is a US$2.2...more
4/19/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Popular ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief ,
Unemployment Insurance
The CARES (Coronavirus Aid, Relief, and Economic Security) Act (Public Law No. 116-136) was signed into law on March 27, 2020 in an effort to provide financial help to beleaguered individuals, businesses, health care...more
On Friday, March 27, President Trump signed into law H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to address the catastrophic impact of COVID-19 on the U.S. economy. The CARES Act is a US$2.2...more
4/7/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
The economic disruptions caused by the virus have had and will continue to have a disproportionate impact on U.S. small businesses and non-profit organizations. ...more
In a rare display of bipartisanship, both houses of Congress and President Trump were able to come to agreement in the waning hours of the 2019 congressional session to extend government funding for fiscal year 2020. Included...more
1/9/2020
/ Automotive Industry ,
Biodiesel ,
Charging Stations ,
Diesel Fuel ,
Electric Vehicles ,
Energy Policy ,
Federal Funding ,
Geothermal Energy ,
Hydropower ,
Investment Tax Credits ,
Motor Vehicles ,
Natural Resources ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Trump Administration
In a rare display of bipartisanship, after intense last minute negotiations between congressional leadership and the Executive Branch, President Donald Trump signed into law legislation passed last week by Congress to...more
12/23/2019
/ 401k ,
Affordable Care Act ,
Alternative Fuels ,
Biodiesel ,
Cadillac Tax ,
Deregulation ,
Distribution Rules ,
Employee Benefits ,
Federal Funding ,
Health Insurance ,
Individual Retirement Account (IRA) ,
Medical Device Tax ,
Medical Devices ,
New Legislation ,
Regulatory Reform ,
Renewable Energy ,
Repeal ,
Required Minimum Distributions ,
Retirement Plan ,
Tax Benefits ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Extenders ,
Tax Planning ,
Tax Reform ,
Trump Administration
In a decision that will have a sweeping impact on the taxation of Internet sales in the US, the Supreme Court upheld the right of South Dakota (and thus, all states) to require online retailer Wayfair, Inc. (and thus all...more
6/27/2018
/ Appeals ,
Commerce Clause ,
Constitutional Challenges ,
Internet Retailers ,
Interstate Commerce ,
Out-of-State Companies ,
Physical Presence Test ,
Quill ,
Reversal ,
Sales & Use Tax ,
SCOTUS ,
South Dakota v. Wayfair ,
Substantial Nexus
The provisions of the new tax law – almost all of which go into effect on January 1, 2018 – represent the most significant revisions to the U.S. tax code that have occurred in 30 years. The Act makes sweeping and major...more
12/27/2017
/ Alternative Minimum Tax ,
Base Erosion Tax ,
Business Taxes ,
Corporate Taxes ,
Estate Tax ,
Income Taxes ,
International Tax Issues ,
Like Kind Exchanges ,
Net Operating Losses ,
New Legislation ,
Pass-Through Entities ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
This past week, on 1 December, the Senate voted 51-49 to advance its version of U.S. tax reform legislation. This sets the stage for a conference committee process to occur over the next two weeks, in which the Senate and...more
12/7/2017
/ Alternative Minimum Tax ,
Base Erosion Tax ,
Business Taxes ,
Carried Interest ,
Corporate Taxes ,
Estate Tax ,
Income Taxes ,
International Tax Issues ,
Legislative Agendas ,
Net Operating Losses ,
Pass-Through Entities ,
Payment-In-Kind ,
Proposed Legislation ,
Tax Credits ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
On September 27, 2017, Republican leaders of the tax reform effort in the U.S. House of Representatives, the U.S. Senate, and the Trump Administration released a "Unified Framework for Fixing Our Broken Tax Code," providing...more
10/2/2017
/ Alternative Minimum Tax ,
Business Taxes ,
Corporate Taxes ,
Estate Tax ,
Income Taxes ,
International Tax Issues ,
Legislative Agendas ,
Pass-Through Entities ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration