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Clean Energy Inflation Reduction Act (IRA) Energy Policy

Jones Day

One Big Beautiful Bill Act— Impact on Energy Tax Credits

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The One Big Beautiful Bill Act (the “OBBBA”), which was passed on July 4, 2025, included several changes to the energy tax credits introduced and expanded by the Inflation Reduction Act of 2022 (the “IRA”). The key changes to...more

Jackson Walker

Clean Energy Tax Credit Changes under the One Big Beautiful Bill Act

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The One Big Beautiful Bill Act (the “OBBBA”) limits future opportunities for some of the clean energy tax credits previously enacted under the Inflation Reduction Act of 2022 (the “IRA”). During the election campaign...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — August 2025

July was a big month for federal energy and sustainability policy. A series of major actions out of Congress and the executive branch signaled significant shifts in direction — on everything from spending and permitting to...more

Morgan Lewis

The Impact of the ‘One Big Beautiful Bill Act’ on Nuclear Tax Incentives

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The One Big Beautiful Bill Act alters the landscape of nuclear energy tax incentives, with significant implications for nuclear developers, investors, and stakeholders. This LawFlash breaks down how the bill may affect...more

Holland & Knight LLP

IRS Releases 2025 Inflation Adjustments for Sections 45U, 45V and 45Z

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The IRS on July 21, 2025, released Notice 2025-37, announcing the inflation-adjusted credit amounts for calendar year 2025 applicable to tax credits available under Internal Revenue Code Sections 45U, 45V and 45Z, which were...more

Husch Blackwell LLP

Understanding the OBBBA’s FEOC Framework

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The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, provides for enhanced restrictions on entities claiming many of the renewable energy credits established under the Inflation...more

McCarter & English, LLP

One Big Beautiful Bill Act Tax Law Updates—Energy Sector

On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), which includes a number of tax law changes that directly impact the energy industry. A significant number of the...more

Beveridge & Diamond PC

The One Big Beautiful Bill Act Is Very Ugly for Wind and Solar

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On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, significantly revising the U.S. tax code to reflect the Administration’s domestic energy, trade, and national security priorities. Among...more

Williams Mullen

The One, Big, Beautiful Bill Amends Renewable Energy Tax Credits - Summary of Key Changes

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On July 4, 2025, President Trump signed H.R. 1 -- The One, Big, Beautiful Bill Act (the “Act”) into law. The Act makes significant changes to the clean energy tax credits previously available under the Inflation Reduction Act...more

Frost Brown Todd

One Big Beautiful Bill Act Cuts the Power: Phase‑Outs, Foreign‑Entity Restrictions, and Domestic Content in Clean‑Energy Credits

Frost Brown Todd on

On July 4, 2025, President Trump signed H.R. 1—dubbed the One Big Beautiful Bill Act (OBBBA)—enacting significant modifications to clean‑energy credits previously enacted under the Inflation Reduction Act of 2022. OBBBA...more

Jones Day

The One Big Beautiful Bill Becomes Law: Impact on Clean Energy Tax Credits

Jones Day on

The One Big Beautiful Bill Act modifies the requirements for clean energy tax credits....more

Wilson Sonsini Goodrich & Rosati

The One Big Beautiful Bill: Tax Provisions Impacting the Energy and Climate Solutions Sector

On July 4, 2025, President Trump signed H.R. 1, also known as the “One Big Beautiful Bill Act” (OBBB) into law. Initially approved by the U.S. House of Representatives on May 22, 2025, as described in our prior alert here,...more

Vinson & Elkins LLP

One Big Beautiful Bill Signed into Law – Impact on IRA Tax Credits

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On July 4, 2025, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1 119th Congress) (“OBBB”) into law. OBBB made changes to various tax provisions – including tax rates, modification of treatment of state and...more

Pierce Atwood LLP

Congress Phases Out Energy Tax Credits

Pierce Atwood LLP on

On July 3, 2025, Congress approved a version of the “One Big Beautiful Bill Act” (the Bill), which significantly impacts the energy tax credits enacted under the Inflation Reduction Act of 2022 (IRA). President Trump held a...more

Eversheds Sutherland (US) LLP

Rolling back renewable energy tax credits: Senate passes One Big Beautiful Bill

On July 1, 2025, the Senate passed One Big Beautiful Bill (OBBB) in a 51-50 vote, with Vice President J.D. Vance casting a tiebreaker vote. Although the House of Representatives previously passed its own version of OBBB (see...more

White & Case LLP

New Law Changes IRA Tax Credits

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This is an updated version of the alert published on July 3. Update: The President of the United States has signed into law the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") on July 4, 2025. Update:...more

Pillsbury Winthrop Shaw Pittman LLP

Congress Sends Big, Beautiful Bill for President’s Signature: Status of Clean Energy Tax Credits

Wind and solar projects placed in service after 2027 would not be eligible for the clean electricity production or investment credit unless construction starts within one year of the date of enactment of the legislation....more

Hogan Lovells

“One Big Beautiful Bill Act” signed into law: Clean energy credits and new FEOC/ Prohibited Foreign entity rules

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On July 4, 2025, President Trump signed into law the One, Big, Beautiful Bill Act. The Act includes significant amendments to tax credits originally enacted and/or amended under the Inflation Reduction Act of 2022 (“IRA”)...more

Husch Blackwell LLP

FEOC Restrictions on Energy Tax Credits: An Update

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On July 1, 2025, the U.S. Senate passed a version of the One Big Beautiful Bill Act that differed significantly from the version previously passed on May 22 by the U.S. House of Representatives as H.R. 1. Front of mind for...more

Davis Wright Tremaine LLP

"One Big Beautiful Bill" Passes House and Senate

Earlier today, the House passed President Trump's sweeping tax and spending legislation after overcoming resistance from some Republican members. A revised version of the legislation narrowly passed the Senate on July 1 in a...more

Allen Matkins

Renewable Energy Update 7.3.25

Allen Matkins on

The Republican budget megabill, which makes steep cuts to the Inflation Reduction Act’s clean energy tax credits, now heads to President Donald Trump’s desk after passing both houses of Congress. The House passed the Senate’s...more

White & Case LLP

Amendments to IRA Tax Credits in Congressional Budget Bill

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Update: The House of Representatives passed (by a vote of 218-214) the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") on July 3, 2025. The bill now goes to the President for signature....more

Husch Blackwell LLP

Energy Tax Credit Framework Undergoes Further Changes in Senate-Approved Version of OBBB Act

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On July 1, 2025, the U.S. Senate passed its version of The One Big Beautiful Bill (OBBB) Act, the massive budget bill that contains significant provisions affecting tax credits for renewable energy project development. After...more

White & Case LLP

Amendments to IRA Tax Credits in the Senate Budget Bill

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On July 1, 2025, the Senate passed (by a vote of 51-50) its version of the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") containing numerous tax reform provisions. Below are our summaries of the...more

Pillsbury Winthrop Shaw Pittman LLP

Senate Votes to Advance the Big, Beautiful Bill – Latest on Renewable Energy Tax Credits

Wind and solar projects placed in service after 2027 would not be eligible for the clean electricity production or investment credit, and a new excise tax of up to 50% for wind and 30% for solar would be imposed on wind and...more

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