News & Analysis as of

Federal Budget Energy Sector

Skadden, Arps, Slate, Meagher & Flom LLP

Senate Finance Committee Proposes Key Departures From House Provisions for the One Big Beautiful Bill Act

Key Points - - The Senate Finance Committee’s version of the tax-related proposals aim to deliver on Senate Republicans’ promise to make many of the TCJA’s individual and corporate tax measures permanent. - The bill...more

Sullivan & Worcester

How REITs are Impacted by the “One Big Beautiful Bill Act”

Sullivan & Worcester on

The U.S. House of Representatives, by a one-vote margin, passed the “One Big Beautiful Bill Act” (the “House Bill”) early in the morning on May 22, 2025. The House Bill has yet to be considered by the U.S. Senate and will...more

BakerHostetler

The Weekly Hill Update - March 2025 #3

BakerHostetler on

Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more

Alston & Bird

Look Ahead to the Week of February 24: House Tackles Budget Resolution, Shutdown Worries Continue

Alston & Bird on

Both the House and Senate are in session this week. Last week, the Senate took its first step to unlock the budget reconciliation process by adopting its budget resolution on a 52-48 vote. Senate Republicans are preparing to...more

Alston & Bird

Look Ahead to the Week of February 10: Dueling Budget Resolutions

Alston & Bird on

Both the House and Senate are in session this week. On Friday, the Senate introduced its own budget resolution, which establishes a path for reconciliation that permits the upper chamber to sidestep its 60-vote requirement...more

McDermott+

Reconciliation and Healthcare Policies

McDermott+ on

Republicans hold a trifecta of control after winning the White House, US Senate, and US House of Representatives for the 119th Congress. They will aim to pass an agenda backed by President Trump that is focused on tax cuts,...more

Womble Bond Dickinson

What Companies Need to Know About the Federal Financial Assistance Freeze

Womble Bond Dickinson on

On January 27, Matthew Vaeth, Acting Director of the Office of Management and Budget (OMB), issued a sweeping freeze on all federal financial assistance. Specifically, OMB ordered all agencies to “temporarily pause all...more

BCLP

Autumn Budget 2024: Key Takeaways for the UK’s Energy Sector - Part Two

BCLP on

On October 30 2024, the Labour government delivered their first Budget since 2010. The Budget introduced some key changes for the energy industry, including the Energy Profits Levy and Relief for payments made into a Carbon...more

Pillsbury Winthrop Shaw Pittman LLP

Trump 2.0

An Initial Roundup of Key Policy Issues and Expectations The re-election of Donald Trump—empowered by at least a Republican-led Senate—marks a significant political and administrative change in the United States, with...more

BCLP

Further Changes to the Energy (Oil and Gas) Profits Levy Announced

BCLP on

The UK government has announced further changes to the Energy (Oil and Gas) Profits Levy, increasing the rate to 38%, extending the period to which it applies to 31 March 2030 and removing the “unjustifiably generous” main...more

Alston & Bird

Look Ahead to the Week of July 22: Congress Returns as 2024 Election Takes Center Stage

Alston & Bird on

Both the House and Senate are back for two weeks before departing for August recess. Last week, Republicans rallied support for the nomination of former President Donald Trump and his running mate, JD Vance, at the Republican...more

Alston & Bird

Look Ahead to the Week of March 18: Partial Government Shutdown Looms Again

Alston & Bird on

Both the Senate and House are in session this week. House Republicans are returning from their annual retreat with plans to consider legislation that would counter President Biden’s climate policies as well as promote...more

Holland & Knight LLP

Permitting Reform Outlook, Based on Provisions from Debt Ceiling Compromise

Holland & Knight LLP on

Efforts to pass federal permitting reform heated up in the previous Congress and continue to be a top priority, with Republicans in the U.S. House of Representatives kicking off their agenda with the Lower Energy Costs Act...more

Brownstein Hyatt Farber Schreck

Much Ado About NEPA

The Fiscal Responsibility Act’s Revisions to the Iconic Statute Largely Codify Existing Interpretation and Practice On May 31, 2023, the House of Representatives advanced the Fiscal Responsibility Act of 2023 (“FRA”), which...more

Saul Ewing LLP

Energy and Environmental Provisions Buried in the Debt Limit Bill

Saul Ewing LLP on

The deal reached between the President and House Speaker McCarthy on the debt limit bill includes provisions approving a natural gas pipeline project (Mountain Valley Pipeline) and eliminating any judicial review of its...more

ArentFox Schiff

The Government of Canada Releases its 2023-2024 Federal Budget

ArentFox Schiff on

On March 24, President Joe Biden met with Canada’s Prime Minister Justin Trudeau, bringing a message of economic integration and shared commitments. The President’s remarks to the Canadian Parliament made that clear that...more

Holland & Knight LLP

Venezuela Update: December 21, 2022

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Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. ...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — December 2022

Congress returned to Washington following the Thanksgiving holiday for a lame duck session to close out the 117th Congress. On the agenda are a number of “must pass” items such as the annual National Defense Authorization Act...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 44

Clark Hill PLC on

Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are both in recess this week. When the Senate returns next week, it will hold a procedural vote on a bill to codify the right to same-sex...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 43

Clark Hill PLC on

Outlook for This Week in the Nation’s Capital - Congress. The House and Senate will return to DC this week for the lame duck session of the 117th Congress with continued funding of the government as the top priority. Current...more

Hogan Lovells

The IRA’s transformative tax incentives for solar energy projects and manufacturing operations

Hogan Lovells on

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

Holland & Knight LLP

The Inflation Reduction Act: Summary of the Budget Reconciliation Act

Holland & Knight LLP on

The U.S. Senate on Aug. 7, 2022, passed the Inflation Reduction Act of 2022 (IRA). This comprehensive legislation is the result of many months of negotiations among Democrats to advance some of President Joe Biden's highest...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 9

Clark Hill PLC on

The House and Senate are both in session this week. The House will vote on bills and resolutions related to homeland security, condemning the threats of violence against HBCUs, and condemning the attack on Congregation Beth...more

Brownstein Hyatt Farber Schreck

Energy, Environment and Tribal Provisions in the Bipartisan Infrastructure Package

Earlier this week, President Joe Biden signed the $1.2 trillion Infrastructure Investment and Jobs Act (H.R.3684) into law.   On Nov. 5, the House passed the bill by a vote of 228-206. Thirteen Republicans joined most...more

Downey Brand LLP

Congress Passes $1.2 Trillion Bipartisan Infrastructure Legislation

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After passage in both houses of Congress, the highly-anticipated $1.2 trillion infrastructure legislation package, more commonly referred to as the “Infrastructure Investment and Jobs Act” (“Act”), has headed to President...more

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