There are several state legislative proposals in Texas that could have adverse impacts on the development and operation of renewable energy projects in Texas.
Tax Equity Times
Your Source for Tax Equity News and Analysis
Tax Equity Times, published by Mayer Brown, focuses on legal developments and regulatory updates related to tax equity financing, particularly in the clean energy sector. The blog covers topics such as tax credits for renewable energy projects, including domestic content bonus credits and energy community bonus adders under the Inflation Reduction Act. It also addresses guidance on clean vehicle tax credits, IRS and Treasury regulations, and compliance requirements for taxpayers and manufacturers. The content is aimed at legal professionals, investors, and stakeholders involved in energy finance, tax incentives, and related regulatory frameworks.
Latest from Tax Equity Times - Page 5
The Biden Infrastructure Plan: Where Do We Go From Here?
On March 31, the Biden Administration released its much-anticipated American Jobs Plan (the “AJP”), which outlines $2.3 trillion of proposed spending on not only traditional infrastructure programs, but also climate change, housing, drinking water, workforce development, manufacturing, telecommunications, and elderly…
Biden Administration Jumpstarts Offshore Wind Energy Projects to Create Jobs
Read about the Biden Administration’s efforts to promote offshore wind and create jobs in this Mayer Brown Legal Update.
Energy Tax Implications of New Infrastructure and Tax Plans
On March 31, 2021, the Biden administration released the American Jobs Plan (the “Infrastructure Plan”), which is a proposal that, if ultimately enacted, aims to modernize outdated infrastructure, create additional jobs and increase the United States’ global competitiveness. Alongside the…
More Polar Vortex 2021 Fallout (and Texas Two-Step)
All eyes are on Texas as the energy industry sorts out the impact of the polar vortex. My colleagues wrote this brief update on what is happening.
MISO Interconnection Deposit Loophole Closed
North American development-stage projects interconnecting with Midcontinent Independent System Operator (“MISO”) member utilities may no longer rely on funds deposited for network upgrades being returned if the project ultimately does not move forward. Read more in this Legal Update authored…
Waste Energy Recovery Property Eligible for Investment Tax Credit
The second US stimulus bill, signed on December 27, 2020, included an amendment to Section 48 of the Internal Revenue Code that expands the existing investment tax credit (“ITC”) program to include waste energy recovery property, allowing certain waste heat…
GREEN Act of 2021
House Ways and Means Committee Democrats introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act of 2021 on February 5, 2021. The bill is an updated version of a similar bill of the same name introduced in June of…
IRS Offshore Wind Guidance is Officially Published with a Material Tweak
On December 31, 2020, the IRS released Notice 2021-05 (the “Notice”) on its website, in advance of its official publication. As discussed in our earlier blog post, the Notice provides favorable guidance for offshore renewable energy projects (“Offshore Projects”)…
IRS Issues Final Carbon Capture Regulations
Read our Legal Update on the final carbon capture regulations here.