President Donald J. Trump signed H.R. 1, the One Big Beautiful Bill Act (OBBBA), into law on 4 July 2025 in an afternoon signing ceremony at the White House (Pub. L. No. 119-21). Senate Majority Leader John Thune (R-SD)...more
7/24/2025
/ Clean Energy ,
Energy Policy ,
Energy Sector ,
Energy Tax Incentives ,
Foreign Entities ,
Investment Tax Credits ,
New Legislation ,
One Big Beautiful Bill Act ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Wind Power
On 3 July 2025, the House passed the Senate’s version of H.R. 1, the budget reconciliation bill formerly known as the “One Big Beautiful Bill Act” (the Act). President Trump signed the Act into law on 4 July 2025. The...more
7/15/2025
/ Business Taxes ,
Corporate Taxes ,
Employee Benefits ,
Energy Policy ,
Estate Tax ,
International Tax Issues ,
One Big Beautiful Bill Act ,
Real Estate Investments ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Reform
In late 2013, the Senate Finance Committee released a tax reform staff discussion draft on energy (the “energy draft”) as part of a series of tax reform proposals. According to Committee staff, the energy draft “proposes a...more