News & Analysis as of

Energy Tax Incentives

Reconciling the Differences, the Senate Tax Cuts and Jobs Act

On November 9, 2017, the Senate Finance Committee released a Description of the Chairman’s Mark of the “Tax Cuts and Jobs Act” and on November 14, 2017, the Senate Finance Committee released a Description of the Chairman’s...more

House Passes Tax Cuts and Jobs Act: How the Senate Proposal Compares

by Shearman & Sterling LLP on

On November 2, 2017, the House Ways and Means Committee (the “House Committee”) released its plan for comprehensive tax reform: the “Tax Cuts and Jobs Act of 2017” (H.R. 1) (the “House Bill”). Following a week of hearings,...more

House and Senate Tax Reform Proposals Diverge on Energy Provisions

by Holland & Knight LLP on

On November 2, House Republicans introduced H.R. 1, the Tax Cuts and Jobs Act. Senate Republicans followed suit shortly thereafter, releasing their proposal on November 9. The House Ways & Means Committee concluded its markup...more

Does Repeal of the EV Tax Credit Really Matter?

by Foley & Lardner LLP on

Last week, Republicans in the U.S. House of Representatives released their first attempt at tax reform legislation. Buried in the proposed legislation is a repeal of the current tax credit of up to $7500 to purchasers of...more

Kentucky’s Limited Renewable Energy Incentives

by Dickinson Wright on

In August 2007, Kentucky enacted the Incentives for Energy Independence Act (IEIA) program (KRS 154.27-010 through 154.27-090). As with any Kentucky administered tax incentive programs, the inducements under the IEIA are...more

GOP Tax Bill Proposes Changes to the Renewable Energy Industry’s Tax Incentives

On Thursday, November 2, Republicans in the US House of Representatives released their proposed tax reform legislation, providing for massive alterations to tax law. The proposed legislation would trim tax benefits applicable...more

House Republicans Release (Simplified?) Tax Reform Bill

The House Republican’s tax reform bill – the Tax Cuts and Jobs Act – was released yesterday. This bill is 429 pages (this is simplifying?) and provides for extensive tax reform. ...more

Tax Reform And Taxing Big Oil

by King & Spalding on

Senator Robert Menendez, with twenty-one of his Democratic colleagues as co-sponsors, has introduced legislation that repeals the energy tax incentives for the country’s five largest oil companies. In a statement, Senator...more

Maine's energy legislation carryovers from 2017

by PretiFlaherty on

When the First Regular Session of the 128th Maine State Legislature adjourned earlier this year, its committees reserved a list of bills for further debate in 2018. A list of these carryover bills published by the legislative...more

Some Will Always Have Paris: Withdrawal from the Climate Change Accord May Not Reduce the Heat on the Health Care Industry

President Trump’s decision earlier this month to withdraw the United States from the Paris Agreement—an international, nonbinding agreement to take steps to limit global temperature rise—followed a series of moves at the...more

IRFA Concerned By Bill To Cap Iowa Biofuel Tax Credits

On April 13, 2017, the Iowa Renewable Fuels Association (IRFA) released a statement regarding the passage of a bill, HSB 187, by the Iowa House Appropriations Committee that would cut the value of the Iowa biofuels tax...more

First LB&I Campaigns Demonstrate a Flexible Approach

On January 31, 2017, the Large Business & International Division of the IRS (LB&I) released the subjects of its first 13 campaigns. Each campaign addresses a specific area that the IRS has identified as a substantial...more

IRS Issues Additional Guidance on Beginning of Construction Rules for Renewable Projects

by McDermott Will & Emery on

On December 15, 2016, the Internal Revenue Service released Notice 2017-04, which provides welcome guidance on how to meet the “beginning of construction” requirements for wind and other qualified facilities. There has been...more

Energy incentives and opportunities to invest in renewable technologies

by DLA Piper on

Opportunities to invest in the renewable energy sector in the United Kingdom have shifted quite dramatically since March 2015. Severe cuts to the Feed in Tariffs (FITs) scheme and the closing of the Renewable Obligations...more

Cost Estimates for Expiring Energy Tax Provisions

Passage of a tax package is another possible item on Congress’ list for the lame duck session, which is discussed in a recent ML Strategies alert. Three dozen tax provisions are scheduled to expire December 31, about half of...more

Bill To Extend Biodiesel Tax Credit Introduced In The House of Representatives

by Bergeson & Campbell, P.C. on

On September 12, 2016, the Biodiesel and Renewable Diesel Incentive Extension Act of 2016 (H.R. 5994) was introduced to the House of Representatives and referred to the House Committee on Ways and Means. The bill was...more

Renewable Energy Update - October 2016

by Allen Matkins on

Renewable Energy Focus - Power companies join EIM to save money, integrate renewables - Solar Industry Magazine - Oct 4 - After months of intensive testing, Phoenix-based Arizona Public Service (APS) and...more

Massachusetts develops next solar incentive

by PretiFlaherty on

The Massachusetts Department of Energy Resources (DOER) is designing a new solar incentive program to encourage the continued development of solar renewable energy generating sources by residential, commercial, governmental...more

The Cost of Clarity: IRS Issues Regulations Addressing Proper Treatment of Code Section 50(d) Income

by Williams Mullen on

On July 21, 2016, the IRS issued long-awaited regulations under Section 50 of the Internal Revenue Code (the “Code”) clarifying the manner in which “Section 50(d) Income” is to be recognized in lease pass-through investment...more

IRS Issues Proposed Rules on Income Inclusion under Section 50(d)(5)

by Foley & Lardner LLP on

The IRS just published long-awaited temporary regulations under section 1.50-1T governing the section 50(d)(5) income inclusion rules. These rules apply to lessees of investment credit property when the lessor elects to treat...more

Energy Tax Extenders in FAA Bill Unlikely

by McDermott Will & Emery on

As discussed in our post on April 7, US Congress extended the Production Tax Credit (PTC) under Internal Revenue Code (IRC) Section 45 and the Investment Tax Credit (ITC) under IRC Section 48 in December 2015, but failed to...more

Six Biofuel Trade Associations Write Congress To Extend Advanced Biofuel Tax Credits

by Bergeson & Campbell, P.C. on

On April 5, 2016, the biofuel trade associations Advanced Biofuels Business Council, Algae Biomass Organization, Biotechnology Innovation Organization (BIO), Growth Energy, National Biodiesel Board, and Renewable Fuels...more

Short-Term Reauthorization of FAA Programs Potentially Paves the Way For Omitted Energy Credit Extenders

by McDermott Will & Emery on

As discussed in our post on March 16, the Congressional extension of the Production Tax Credit (PTC) under Internal Revenue Code (IRC) Section 45 and the Investment Tax Credit (ITC) under IRC Section 48 in December 2015...more

Renewable Energy Update - March 2016

by Allen Matkins on

U.S. utility-scale solar market fueled by growth beyond renewable portfolio standards - Greentech Media - Mar 1 More than half of new U.S. utility-scale solar in 2016 will be built outside of obligations to meet...more

Nigerian Power Sector: Opportunities and Challenges for Investment in 2016

by Latham & Watkins LLP on

A summary of the existing power sector in Nigeria, current key initiatives, and opportunities and challenges for developers, investors and lenders. Introduction - During the launch of Power Africa in 2013, President...more

115 Results
|
View per page
Page: of 5
Cybersecurity

"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:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.