The Senate Finance Committee recently released its own draft of the “One Big Beautiful Bill Act” (the Bill) previously passed by the House as H.R. 1. Both the House and Senate versions of the Bill impose restrictions on...more
6/25/2025
/ China ,
Energy Projects ,
Enforcement Actions ,
Foreign Entities ,
Inflation Reduction Act (IRA) ,
Iran ,
IRS ,
North Korea ,
Popular ,
Prohibited Transactions ,
Proposed Legislation ,
Renewable Energy ,
Risk Management ,
Russia ,
Senate Finance Committee ,
Supply Chain ,
Tax Credits ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
On June 16, 2025, the Senate Finance Committee released its version of the “One, Big Beautiful Bill” (OBBB) that would create a steep phase-out of renewable energy tax credits—notably, renewable energy companies would have to...more
6/19/2025
/ Clean Energy ,
Energy Policy ,
Energy Projects ,
Energy Storage ,
Energy Tax Incentives ,
Foreign Entities ,
Investment Tax Credits ,
Legislative Agendas ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Safe Harbors ,
Senate Committees ,
Senate Finance Committee ,
Solar Energy ,
Tax Credits
On June 16, 2025, the Senate Finance Committee released its version of the “One, Big Beautiful Bill” (OBBB) that would create a steep phase-out of renewable energy tax credits—notably, renewable energy companies would have to...more
6/18/2025
/ Clean Energy ,
Electric Vehicles ,
Energy Policy ,
Energy Projects ,
Investment Tax Credits ,
New Legislation ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Safe Harbors ,
Senate Finance Committee ,
Tax Credits
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
5/27/2025
/ Clean Energy ,
Energy Policy ,
Energy Projects ,
Energy Tax Incentives ,
Fuel Standards ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
New Legislation ,
Nuclear Power ,
Proposed Legislation ,
Renewable Energy ,
Tax Credits ,
Tax Reform
On May 14, 2025, the Ways & Means Committee of the House of Representatives released much-anticipated draft tax legislation from committee markup. Although tax considerations are only one part of the so-called “Big Beautiful...more
The Inflation Reduction Act (the “IRA”) provides funding for several tax credit incentives related to significant investments in energy projects. One of these credits is the section 48C investment tax credit (“48C Credit”),...more
On May 12, 2023, in Notice 2023-38 (the “Notice”), the IRS published rules intended for inclusion in forthcoming regulations regarding domestic content bonus credit amounts.
The Inflation Reduction Act of 2022 amended §§...more
In an effort to trade an increase in the debt ceiling for spending cuts, the Republican-controlled U.S. House of Representatives has narrowly passed H.R. 2811, dubbed the Limit, Save, Grow Act of 2023. The legislation seeks...more
Direct pay proposals contained in the proposed Build Back Better Act promise to establish a system that would allow renewable energy developers to elect to receive ITC and PTC tax credits as a refundable credit....more
6/24/2022
/ American Recovery and Reinvestment Act ,
Clean Energy ,
Economic Growth ,
Energy Projects ,
Energy Sector ,
Energy-Efficiency Tax Credits ,
International Trade Commission (ITC) ,
Investors ,
Renewable Energy ,
Tax Equity ,
U.S. Treasury
Under current law, there are significant tax benefits for renewable energy projects in the United States. These benefits include nonrefundable ITC and PTC tax credits and depreciation deductions. ...more
Tax considerations are one of the main drivers for renewable energy projects. This fall, Husch Blackwell’s Energy and Natural Resources team hosted a webinar that explored the available federal and state credits, abatements,...more