Energy Tax Update: Senate Finance Committee Budget Reconciliation Text

On Friday, June 20, Orrick’s Energy Tax Team hosted a webinar discussing the Senate Finance Committee’s version of tax-related provisions of the Senate’s upcoming budget reconciliation bill. The team provided an overview of key aspects of these tax provisions as they relate to the renewable energy sector, including revised ITC and PTC qualification requirements, impact on transferability and newly proposed phase-out schedules. They also discussed the similarities and differences of this proposed legislation as compared to the “One Big, Beautiful Bill” that passed the House on May 22.

A recording of this webinar is provided below. Please also refer to Orrick’s continued analysis of the Reconciliation Bill.

Note: You may need to enable Functional cookies to play video.
Cookie Settings