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Department of Agriculture Tax Credits

Baker Botts L.L.P.

Proposed Regulations Regarding Section 48E Clean Electricity Low-Income Communities Bonus Credit Program

Baker Botts L.L.P. on

On September 3, 2024, the Internal Revenue Service (“IRS”) and the Department of the Treasury (“Treasury”) published proposed regulations relating to the Clean Electricity Low-Income Communities Bonus Credit Program (the...more

Holland & Knight LLP

Guidance, Model Provide Additional Clarity for 40B Sustainable Aviation Fuel Tax Credit

Holland & Knight LLP on

The U.S. Department of the Treasury and IRS released Notice 2024-37 on April 30, 2024, regarding the Sustainable Aviation Fuel (SAF) Tax Credit found at Section 40B of the Internal Revenue Code as an income tax credit and...more

Schwabe, Williamson & Wyatt PC

New Oregon Agriculture Overtime Requirements and Tax Credits Begin January 1, 2023

In March 2022, the Oregon legislature passed House Bill (HB) 4002, which imposes new overtime pay requirements for agricultural workers beginning on January 1, 2023. The bill also establishes a refundable tax credit for...more

Maynard Nexsen

The House and Senate Reach An Agreement on the Roads Bill

Maynard Nexsen on

The Conference Committee on H.3516, commonly referred to as the “roads bill,” held several meetings late last week in an attempt to work out a compromise between the House and Senate versions of the legislation. The...more

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