Energy & Environment Update - March 2016 #3

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Energy & Climate Debate:

The Senate and the House of Representatives are both on Spring Recess, with the Senate returning on April 4 and the House scheduled to return on April 12.

Before breaking for recess, the Congress passed a three-plus-month reauthorization for the Federal Aviation Administration that runs through July 15. Despite some speculation that the measure would present an opportunity to extend the 2016 Investment Tax Credit for technologies that were excluded from last December’s agreement that extended the ITC for solar, the FAA extension did not address this issue, leaving it for another legislative vehicle. There is some thought that the long-term FAA bill that will be debated leading up to July 15 could present an opportunity, while others expect a tax extenders package at years’ end.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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