tax incentives

NEW LONDON, Conn. — Sen. Richard Blumenthal, D-Conn., visited State Pier in New London, Connecticut, on Monday to tout and celebrate the Biden administration’s decision to expand eligibility of federal tax credits for offshore wind projects. “This tax credit has... Read More

WASHINGTON — The U.S. Treasury Department has unveiled its initial guidance on the labor requirements that employers must meet in order to qualify for bonus tax benefits for clean energy projects. The guidance announced Tuesday will be published in the... Read More

WASHINGTON — When President Joe Biden signed the Inflation Reduction Act into law on Tuesday, business leaders throughout the renewable energy sector cheered the finalization of the nation’s largest ever investment in climate and the clean energy solutions of the... Read More

LOS ANGELES- California Gov. Gavin Newsom signed legislation on Wednesday investing $330 million to expand the state’s Film and Television Tax Credit Program in order to boost the state’s economy.  Launched in 2009, the Film and Television Tax Credit Program... Read More