News & Analysis as of

State and Local Government Tax Credits

Eversheds Sutherland (US) LLP

Eversheds Sutherland SALT Scoreboard - Quarter 2, 2025

This is the second edition of the Eversheds Sutherland SALT Scoreboard for 2025. Since 2016, we have tallied the results of significant taxpayer wins and losses and analyzed those results. This edition includes developments...more

King & Spalding

“One Big Beautiful Bill Act”

King & Spalding on

On July 4, 2025, President Trump signed into law H.R. 1, "One Big Beautiful Bill Act" (the “Act” or “OBBBA”) a comprehensive bill that combines many of the President’s major policy initiatives he had promised during his...more

Ballard Spahr LLP

Case Study: Innovative Affordable Housing Financing in Fairfax County, Virginia

Ballard Spahr LLP on

A major affordable housing development underway in Fairfax County, Virginia, is setting a new precedent for large-scale, multi-phase transactions in high-cost suburban markets. Located adjacent to the County’s Government...more

Spilman Thomas & Battle, PLLC

One Big Beautiful Comeback: Coal-Fired Generation

In recent years, coal-fired generation has reduced significantly in relation to other energy generation. As recently as 2014, according to the Environmental and Energy Study Institute, coal produced 39 percent of electricity...more

Hinshaw & Culbertson LLP

New Session, New Laws, New Lens: How Louisiana’s 2025 Legislative Session and the Federal One Big Beautiful Bill Act Have Reshaped...

A significant piece of legislation seems to have slipped under the radar of many watching the carbon capture & storage (“CCS”) space in Louisiana. While on the national level, contrary to some fears, the One Big Beautiful...more

Harris Beach Murtha PLLC

LIHTC Provisions Become Permanent in Senate Reconciliation Bill

On July 1, 2025, in a 51-50 vote, the Senate approved its tax reconciliation bill which includes key provisions to expand the low-income housing tax credit (LIHTC). If enacted, these provisions would amount to the largest...more

Venable LLP

Uptick in Proposed Legislation for School Choice Programs: Implications for Independent Schools and Private School Funding

Venable LLP on

A hallmark of the Trump administration's education policy agenda, school choice programs aim to provide public funds to families to cover education-related expenses, including for independent school tuition. ...more

Troutman Pepper Locke

Well, Well: Outlook for CCUS Projects in Texas Improves as EPA Proposes to Delegate Permitting Authority and the Texas Supreme...

Troutman Pepper Locke on

On June 17, the Environmental Protection Agency (EPA) published a proposed rule to approve Texas’s application for primary permitting and enforcement responsibility (primacy) for carbon dioxide (CO2) sequestration wells...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - June 2025

The EV industry continues to face federal regulatory and political uncertainty and now, the clock is ticking on the Inflation Reduction Act’s electric vehicle (EV) tax credits and incentives. The recently proposed House and...more

Husch Blackwell LLP

Tax Credit Transfers May Have Unexpected State Tax Consequences

Husch Blackwell LLP on

One of the most celebrated features of the Inflation Reduction Act (“IRA”) is the ability to sell tax credits, including the Production Tax Credit (“PTC”) under Internal Revenue Code (“IRC”) § 45 and the Investment Tax Credit...more

Brownstein Hyatt Farber Schreck

Wyoming Joint Minerals Committee Looks to Enhanced Oil Recovery

On May 21, 2025, the Joint Minerals, Business and Economic Development Committee met in Casper, Wyoming. Lawmakers and industry leaders examined the future of enhanced oil recovery (EOR) in the state—an effort that could...more

Bradley Arant Boult Cummings LLP

Alabama Legislature Wraps Up Productive Session on Business Tax Bills

The Alabama Legislature adjourned sine die near midnight on May 14, 2025, with the final legislative meeting day bogged down with filibusters by certain senators. Fortunately, a spate of tax bills had already passed both the...more

Husch Blackwell LLP

Updates on Executive and Legislative Developments Impacting Renewable Energy

Husch Blackwell LLP on

Executive and legislative actions impacting renewable energy at the federal, state, and local levels have arisen at an unprecedented rate since President Donald Trump took office. In January, we outlined in this legal update...more

Kohrman Jackson & Krantz LLP

Emerging Business Opportunities in Renewable Energy

The generators providing electricity to a 13-state grid stretching from New Jersey to Illinois, including Ohio, will get a record $269.92 per megawatt-day from utilities to provide capacity over a 12-month period, which is...more

Blank Rome LLP

Deference Denied to the South Carolina Department of Revenue

Blank Rome LLP on

The South Carolina Court of Appeals determined that Duke Energy Corporation (“Duke”) was entitled to claim nearly $25 million in investment tax credits on its 1996 to 2014 South Carolina income tax returns, as the investment...more

Harris Beach Murtha PLLC

Affordable Housing Credit Improvement Act Re-introduced in House of Representatives

On April 8, 2025, the federal Affordable Housing Credit Improvement Act (“AHCIA”) was reintroduced in the House with 117 bipartisan co-sponsors from over 30 different states. The bill would expand the Low-Income Housing Tax...more

Mitchell, Williams, Selig, Gates & Woodyard,...

2025 Alabama Legislature: Legislation Introduced That Provides Recycling Credits for Productive Use of Recyclable Materials

House Bill 381 was introduced on March 4th into the Alabama legislature which would provide certain incentives for utilization of recyclable materials. ...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - March 2025

The electric vehicle (EV) industry is facing a mix of challenges and opportunities as the Trump Administration’s recent policies and tariff announcements take effect in the market. In its first three months, the Trump...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Governor Releases Budget Recommendations, Helene Recovery Bill Enacted

Brooks Pierce on

Governor’s Budget Recommendations - Gov. Josh Stein this week unveiled his state budget recommendations for the next two fiscal years. Entitled “North Carolina Strong,” it details a number of themes: improving public...more

Sheppard Mullin Richter & Hampton LLP

Alright, Alright, A Write-Off: Matthew Mcconaughey’s Push for Texas Film Tax Incentives

Texas has long been a hub for film and television production, offering diverse landscapes, a rich cultural backdrop, and some real characters. Back in 2007 the state implemented the Texas Moving Image Industry Incentive...more

Goulston & Storrs PC

Boosting Boston’s Housing: City & State Partner to Overcome Market Challenges

Goulston & Storrs PC on

According to recent news coverage, about 30,000 housing units proposed for Boston are approved by the Boston Planning Department (BPD) yet unable to break ground due to market conditions. In response, the Wu administration,...more

Frost Brown Todd

Kentucky Bills Would Tax and Strictly Regulate Hemp-Infused THC Beverages Like Alcohol

Frost Brown Todd on

In the years since the 2018 Farm Bill became federal law, a burgeoning industry of hemp-infused THC beverages has proliferated throughout the country, including in Kentucky. The 2018 Farm Bill legalized the domestic...more

Freeman Law

Texas 89th Legislative Regular Session | Proposals Part 2

Freeman Law on

The fun continues with the 89th Regular Session of the Texas Legislature, with several new proposed House Bills that relate to the imposition of Texas taxes. Of the over 100 proposals put forth so far, we’re keeping a closer...more

Cozen O'Connor

Broad Street Brief: Mayor Parker Delivers FY26 Budget Address

Cozen O'Connor on

Mayor Parker Delivers FY26 Budget Address- Mayor Cherelle Parker presented her $6.7 billion FY26 budget proposal to the Philadelphia City Council today, highlighting an $800 million housing plan, significant business tax...more

Mayer Brown

STF Establishes Non-Incidence of ISS on Commissioned Manufacturing Activities

Mayer Brown on

The Brazilian Supreme Court (STF) decided that the Tax on Services’ (ISS) non-levy on toll commissioned manufacturing activities, whenever these activities refer to the intermediary activities of a production cycle. The...more

245 Results
 / 
View per page
Page: of 10

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide