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Tax Reform Renewable Energy Energy Sector

Husch Blackwell LLP

Understanding the OBBBA’s FEOC Framework

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The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, provides for enhanced restrictions on entities claiming many of the renewable energy credits established under the Inflation...more

Miller Canfield

One Big Beautiful Bill: Effect on Energy Credits

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The One Big Beautiful Bill Act (“OBBB”), which was signed by President Donald Trump on July 4, 2025, revokes or curtails the majority of energy credits and significantly curtails other credits. ...more

White & Case LLP

New Law Changes IRA Tax Credits

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This is an updated version of the alert published on July 3. Update: The President of the United States has signed into law the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") on July 4, 2025. Update:...more

White & Case LLP

Amendments to IRA Tax Credits in the Senate Budget Bill

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On July 1, 2025, the Senate passed (by a vote of 51-50) its version of the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") containing numerous tax reform provisions. Below are our summaries of the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The One Big Beautiful Bill Act: An Initial Analysis of Key Tax Proposals - June Insights

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would extend or make permanent select corporate, international and individual tax...more

Vinson & Elkins LLP

Updates to IRA Tax Benefits Found in Senate Finance Committee Draft of 2025 Reconciliation Bill

Vinson & Elkins LLP on

In the afternoon of June 16, 2025, the Senate Finance Committee (“SFC”) released its proposed legislative text of the tax title for the “One Big Beautiful Bill,” H.R. Con. Res. 14, 119th Cong. (2025) (the “Reconciliation...more

Morgan Lewis

One Big Beautiful Bill Act Tax Proposals: Select Highlights and Implications

Morgan Lewis on

The US House of Representatives on May 22, 2025 passed the One Big Beautiful Bill Act (the Act), which includes a tax package that would extend certain provisions of the 2017 Tax Cuts and Jobs Act set to expire at the end of...more

Vorys, Sater, Seymour and Pease LLP

Development Incentives Quarterly: Spring 2025

As data center power demands reach hundreds of megawatts or even gigawatts, particularly driven by AI applications, traditional power delivery models are facing significant constraints. Behind-the-meter (BTM) or...more

Akin Gump Strauss Hauer & Feld LLP

House Passes Major Cuts to IRA Clean Energy Tax Credit Provisions

On May 22, 2025, the U.S. House of Representatives passed a highly anticipated piece of legislation - commonly referred to as “The One, Big, Beautiful Bill” (the “Bill”) - by a mostly party-line vote of 215-214-1 (two...more

Husch Blackwell LLP

IRA’s Section 6418 Transferable Credits: Will They Be Expanded to Other Industries?

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Lately, elected representatives on both sides of the aisle have been displaying an appetite for expanding transferable tax credits to a broader variety of industries. This is evidenced by the recent profusion of proposed...more

Spilman Thomas & Battle, PLLC

The Dome Report Issue 3: Half Way Through the 2025 Session of the West Virginia Legislature

The West Virginia Legislature has completed just over one-half of its 60-day regular session and the deadline for the introduction of new bills in the House of Delegates is now passed. While very few bills have been enacted...more

Cadwalader, Wickersham & Taft LLP

Energy Tax Credits in the Eye of the Storm (for Now)

Enacted in August 2022, the Inflation Reduction Act (the “IRA”) expanded energy tax credits by increasing credit amounts across the board and broadening eligibility criteria to include new technologies....more

Holland & Knight LLP

Treasury Department, IRS Release Section 45W Clean Commercial Vehicle Guidance

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The U.S. Department of the Treasury and IRS released proposed regulations on Jan. 10, 2025, regarding the qualified commercial clean vehicle credit under Section 45W of the Internal Revenue Code, as enacted by the Inflation...more

White & Case LLP

Oil & gas M&A trends up due to recovery in demand and the pressing need for clean energy

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Increased energy demand as economies moved out of COVID-19 restrictions through 2021 helped oil & gas M&A continue its recovery in H2. Deal values jumped by 24 percent year-on-year to US$102.7 billion in 2021, while the...more

Clark Hill PLC

Window On Washington - Vol. 2, Issue 26

Clark Hill PLC on

Outlook for This Week in the Nation's Capital - Recess Week. The House and Senate are both in recess this week for the 4th of July holiday. Clark Hill wishes you a safe and enjoyable Independence Day....more

Mayer Brown

Infocast’s 2018 Solar Power Finance & Investment Summit Soundbites

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Below are soundbites from panelists at Infocast’s Solar Power Finance & Investment Summit from March 19th to 22nd in Carlsbad, CA. It was an extremely well-attended event and the mood of the participants was generally...more

Troutman Pepper Locke

How Will Recent Tax Legislation Affect the Renewable Energy Sector?

Troutman Pepper Locke on

The Bipartisan Budget Act of 2018 (Pub. L. No. 115-123) (the Budget Act) was signed into law on February 9. The legislation took effect roughly seven weeks after President Trump signed into law an Act to Provide for...more

Bracewell LLP

Bracewell Tax Report: February 2018

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The Tax Cuts and Jobs Act (TCJA) effected sweeping reform across the Internal Revenue Code. This report, and future installments, will discuss this legislation and other important tax guidance, including how such authorities...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability 2017 Year in Review: Tax Bill (Part 1 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the first installment of the series. The biggest...more

Mayer Brown

What Is the Impact of Tax Reform on US Wind Tax Equity Deals?

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A Word About Wind has published our article What Is the Impact of Tax Reform on US Wind Tax Equity Deals? in its blog (subscription required) and newsletter. ...more

Orrick, Herrington & Sutcliffe LLP

Energy Taxation: Impact Of The Tax Cuts And Jobs Act

Congress has passed the tax reform bill, known as the "Tax Cuts and Jobs Act", and President Trump signed it into law on December 22, 2017. The Act contains wide-ranging changes to the tax law that affect many industries. ...more

A&O Shearman

Renewable Energy Update: Effect of the Tax Cuts and Jobs Act of 2017

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On December 19 and 20, 2017, both the House and the Senate passed the “Tax Cuts and Jobs Act of 2017” (H.R. 1) (the “Tax Reform Act”), which is expected to be signed by the President. The House of Representatives had passed...more

Faegre Drinker Biddle & Reath LLP

Congress Passes Major Tax Bill: What Does it Mean for the Energy Sector?

On Wednesday, December 20, Congress passed H.R. 1, the Tax Cuts and Jobs Act. The bill represents the most comprehensive reform to the tax code in almost three decades and a legislative victory for both the Republican...more

Foley & Lardner LLP

BREAKING NEWS: Congress Sends Tax Cuts and Jobs Act to President Trump’s Desk for Signing

Foley & Lardner LLP on

The Tax Cuts and Jobs Act (TCJA) has been passed by both houses of Congress and is now set to be signed into law by President Trump. The vote was 224-201 in the House with all the Democrats joined by twelve Republicans voting...more

Mayer Brown

House Passes Tax Reform & the Impact of Tax Reform on the Renewable Energy Market

Mayer Brown on

Yesterday, the House voted 227 to 303 in favor of the tax reform bill agreed to by the conference committee. No Democrats voted for the House bill, and 12 Republicans from high tax states voted against it. The Senate was...more

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