Recent News

Thursday, November 7, 2019

Forty members of the House of Representatives sent a letter this week to House Speaker Nancy Pelosi, D-Calif., and Ways and Means Committee Chairman Richard Neal, D-N.Y., asking them to find a “path forward” for expired clean energy tax incentives. The letter specified the biodiesel, alternative fuel vehicle refueling property and second-generation biofuel producer tax credits.

Tuesday, November 5, 2019

The U.S. Treasury Department correctly denied a $39 million grant request under the American Recovery and Reinvestment Act (ARRA) Section 1603 program to a Virginia paper mill, according to the U.S. Court of Appeals for the Federal Circuit. The decision in WestRock Va. Corp. v. United States upheld an earlier decision by the U.S.

Friday, November 1, 2019

U.S. Reps. Peter King, R-N.Y., and Bill Pascrell, D-N.J., introduced a bill that would extend the renewable energy investment tax credit (ITC) for offshore wind projects. The Offshore Wind Power Act of 2019 (H.R. 4887) is the companion bill to S. 1988, introduced in June.

Tuesday, October 22, 2019

Mayors of 231 cities this week sent a letter to Congress asking for passage of the Renewable Energy Extension Act, which would extend the renewable energy investment tax credit (ITC) for five years. H.R. 3961 and S.

Wednesday, October 16, 2019

Two bipartisan, bicameral bills were introduced to extend two energy tax incentives that expired at the end of 2017. The Home Energy Savings Act (S. 2588 and H.R. 4506) would extend the Internal Revenue Code Section 25C tax credit for qualified energy efficiency improvements to Dec. 31, 2026.

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Novogradac 2019 Financing Renewable Energy Tax Credits Conference Parc 55 San Francisco, a Hilton Hotel May 23-24, 2019