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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

Robinson+Cole Environmental Law +

Favorable Winds for Offshore Development – Inflation Reduction Act and Other Updates

The offshore wind industry stands to gain additional momentum this summer as the Inflation Reduction Act (IRA) moves through Congress to its anticipated passage. The budget reconciliation package associated with the bill...more

Lowndes

Solar Industry to See Historic Investment from Inflation Reduction Act

Lowndes on

The Inflation Reduction Act of 2022, which Senate Democrats intend to move through their chamber using a budget reconciliation process allowing it to pass with 50 votes (plus Vice President Harris breaking a tie) before it...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

Morgan Lewis

Initial Takeaways from the American Jobs Plan

Morgan Lewis on

The Biden-Harris administration announced its American Jobs Plan, a legislative framework laying out an ambitious $2 trillion investment in physical and human infrastructure, on March 31. The bulk of the proposed spending is...more

Cozen O'Connor

Developments in Offshore Wind: Part Two

Cozen O'Connor on

The Biden administration’s approach to policy setting in the offshore wind context can already be seen in recent legislation and executive orders related to tax law, maritime law, and environmental law. We address the...more

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