Republican Concerns Over Clean Energy Tax Credit Phaseout ...Middle East

OILPRICE - Economy
Republican Concerns Over Clean Energy Tax Credit Phaseout
source : OILPRICE ( Middle East ) () 83
Kiggans and a nearly identical group of House Republicans wrote to their House colleagues last month seeking positive changes to the clean energy tax credit phaseout plan that came out of committee work on the reconciliation bill. Instead, the House-passed version of the bill imposes a faster phaseout timeline, including a repeal of tax credits for projects that don’t begin construction within 60 days of the bill’s enactment. The Republican lawmakers in support of IRA’s clean energy credits asked that the Senate alter that provision…

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