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Troutman Pepper Locke

Tax Credit Implications of the One Big Beautiful Bill Act

Troutman Pepper Locke on

On May 22, the U.S. House of Representatives passed an amended version of H.R. 1—the One Big Beautiful Bill Act (the Bill) — by a vote of 215-214. The House-passed version of the bill, slated to be considered by the Senate...more

Cozen O'Connor

Cozen Currents: The Certainty and Uncertainty of Trump Walking It Back

Cozen O'Connor on

“While the financial markets have become comfortable with dismissing the tail risks associated with the president’s boldest policy proposals, President Trump has successfully enacted ambitious policy proposals, albeit perhaps...more

Husch Blackwell LLP

Further Restrictions on IRA Renewable Energy Tax Credits Included in Draft Bill Passed by House

Husch Blackwell LLP on

On May 22, 2025, the U.S. House of Representatives passed a new version of H.R. 1, “The One, Big, Beautiful Bill” that would effectively repeal the Inflation Reduction Act’s (IRA’s) clean energy tax credits almost...more

Paul Hastings LLP

House Bill Accelerates Phaseout of Clean Energy Tax Credits and Restricts Leasing and Transferability

Paul Hastings LLP on

On May 22, 2025, the U.S. House of Representatives passed House Bill 1, officially titled the “One Big Beautiful Bill Act” (OBBBA). This budget reconciliation bill includes significant energy-related provisions that would...more

Hogan Lovells

Legislation introduced in Senate Foreign Relations Committee to support U.S. competitiveness against Russia and China for global...

Hogan Lovells on

Earlier this week, U.S. Senators Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, Chris Coons (D-Del.), Mike Lee (R-Utah), and Martin Heinrich (D-N.M.), chairman and ranking member of the Senate Energy...more

Holland & Knight LLP

Trump Administration's FY 2026 "Skinny Budget" Signals Shift in Energy Priorities

Holland & Knight LLP on

President Donald Trump on May 2, 2025, released his fiscal year (FY) 2026 discretionary budget request outlining his administration's high-level spending priorities for the coming year. Known informally as the "skinny...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — December 2024

Coming up on a month since the presidential election, some things are starting to become clearer, though many questions remain. We will release a Viewpoints article in the next week that will be a more in-depth assessment of...more

Latham & Watkins LLP

US Nuclear Regulatory Commission Certifies First Small Modular Nuclear Reactor Design

Latham & Watkins LLP on

The move represents a step forward for the small modular nuclear reactor industry, but legislative uncertainty over new nuclear facilities in the US remains. As part of long-range plans to address climate change, many...more

Vinson & Elkins LLP

Clean Energy Tax Proposals in Biden’s New “Build Back Better” Framework

Vinson & Elkins LLP on

Faced with opposition from within his own party, President Biden last week unveiled a new, pared down framework for his “Build Back Better” agenda. Following release of the president’s framework, H.R. 5376 (the “Build Back...more

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