Senate Finance Committee Proposes Energy Tax Incentive Reforms

Electric Vehicles, Hydropower, Nuclear Power, Renewables, Solar Power, Wind Power

The Senate Finance Committee’s latest energy tax reform proposal focuses on technology-neutral and performance-based energy tax credits. On December 18, 2013, Senate Finance Committee Chairman Max Baucus (D-MT) released an energy tax reform draft that would overhaul federal energy-related tax incentives and consolidate provisions supporting renewable energy.  Notably, the proposal focuses on establishing tax credits…...