As tax reform discussions intensify, a key group of 21 House Republicans is urging President Trump and Speaker Mike Johnson to protect certain green tax incentives established under the Inflation Reduction Act (IRA). These incentives—supporting wind and solar projects, electric vehicles, and energy-efficient technologies—have driven substantial private-sector investment.
Why This Matters:
- Repealing these incentives could disrupt ongoing projects and raise consumer costs.
- Lawmakers argue that clean energy tax incentives align with the “America First” agenda, promoting energy independence and economic growth.
With the House Ways and Means Committee working behind closed doors to draft a tax reform bill, the fate of these incentives remains uncertain.
As these negotiations unfold, we will continue to monitor these developments and provide updates as more information becomes available. In the meantime, if you have any questions, please don’t hesitate to contact your Grassi advisor.
