Instead, it imposes a new tax on wind and solar projects completed after Dec. 31, 2027 if they cannot prove they have not used any Chinese components, while offering a new tax break for coal ...

State lawmakers have voted to raise the cap on film and TV production incentives to $750 million, up from $330 million under the current version of the program.

WASHINGTON (Reuters) -U.S. Senate Republicans late Friday released a revised tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30 as ...

The Senate's proposed tax and budget reconciliation legislation would modify the '45Z' Clean Fuel Production Tax Credit to restore tax parity between sustainable aviation fuel (SAF) and other ...

William Tong joined a virtual press conference announcing a proposal to cut jet fuel tax breaks for airlines involved in deportation flights.

The California Legislature has officially made Gov. Gavin Newsom ‘s proposal to up the annual Film & TV Tax Credit funding to $750M annually.

The Senate's proposed tax and budget reconciliation legislation would modify the '45Z' Clean Fuel Production Tax Credit to restore tax parity between ...

Lawmakers brought the elimination of a jet fuel tax in for a landing this Session. When appropriation chiefs for the House and Senate finalized a state budget, a long-sought repeal of the aviation ...

June 25, 2025 Dear Senator, The undersigned groups strongly urge you to reconsider the proposed expansion of the Clean Fuel Production Credit (45Z) within the Senate’s FY25 budget reconciliation ...