News & Analysis as of

New Regulations Internal Revenue Service Energy Policy

Brownstein Hyatt Farber Schreck

Taxation & Representation, July 2025

Trump Signs OBBBA Into Law: On July 4, 2025, President Trump signed H.R. 1, the One, Big, Beautiful Bill Act (OBBBA), into law, codified as Public Law 119-21. The tax title of the legislation makes several provisions from the...more

Husch Blackwell LLP

New Executive Order Targets Wind and Solar Tax Credits

Husch Blackwell LLP on

On July 7, 2025, President Trump signed the executive order “Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources.” The EO directs the Secretary of the Treasury to “strictly enforce” the...more

Jones Day

Final Regulations Expand Access to "Direct Pay" Elections for Energy Credits

Jones Day on

The U.S. Department of the Treasury and the Internal Revenue Service have issued final regulations allowing tax-exempt entities that are partners in clean energy projects to elect to receive energy tax credits in cash....more

Mintz - Energy & Sustainability Viewpoints

Proposed IRS Rule Could Allow Solar Energy REITs

President Obama announced on Friday several executive actions to advance clean energy. Among them, the Internal Revenue Service (IRS) will publish new regulations on May 14th clarifying that certain solar generating assets...more

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