President Trump released his budget proposal for the 2018 FY on May 23, 2017, expanding on the budget blueprint he released in March. The budget proposal and blueprint reiterate the President’s tax reform proposals to lower the business tax rate and to eliminate special interest tax breaks. They also provide for significant changes in energy policy including: restarting the Yucca Mountain nuclear waste repository, reinstating collection of the Nuclear Waste Fund fee and eliminating DOE research and development programs.
Analysis of Energy and Tax Proposals in the 2018 Budget Proposal
Tags: Advanced Research Projects Agency-Energy, budget blueprint, budget proposal, business tax rate, CDFI, Community Development Financial Institutions Fund, DOE, EERE, Energy Efficiency and Renewable Energy Office, Fossil Energy Research and Development Program, geothermal technologies, Investment Tax Credit, ITC, New Markets Tax Credit program, NMTC program, Nuclear Waste Fund, Office of Electricity Delivery and Energy Reliability, Office of Nuclear Energy, Production Tax Credit, PTC, research and development, solar energy, tax reform, Title 17 Innovative Technology Loan Guarantee Program, US Department of Energy, water power, wind energy, Yucca Mountain nuclear waste repository


Heather Cooper works on federal income tax matters, with a focus on energy tax issues. She represents clients in restructurings, mergers and acquisitions, and other transactional energy related matters. Heather's national practice includes advising on all aspects of renewable energy transactions such as solar and wind projects. She provides advice on tax equity structures, refinancings, acquisitions and dispositions, restructurings and workouts. Read Heather Cooper's full bio.

Martha (Marty) Groves Pugh advises clients on federal income tax issues with a particular emphasis on the nuclear and energy industries. Marty has helped clients seek and receive many private letter rulings and has extensive experience in drafting legislative language for tax proposals and interacting with the US Department of Treasury and the Internal Revenue Service on important industry issues. Her practice also includes tax planning for proposed transactions and advising clients on audits, appeals and litigation issues. Read Martha Groves Pugh's full bio.

Philip (Phil) Tingle represents energy companies such as utilities, independent power producers and financial institutions on a wide range of energy tax-related matters. He is the global head of the Firm's Energy Advisory Practice Group. Phil provides advice regarding all aspects of renewable-energy projects, including tax equity structures, refinancings, acquisitions and dispositions, restructurings and workouts. He has extensive experience with the production tax credit and with the application of renewable credits to new technologies. Moreover, he works with the investment tax credit for numerous kinds of solar projects. Read Philip Tingle's full bio.
Related Posts
- Why 2030 is the New 2050 after the Leaders Climate Summit and What President Biden’s Accelerated Transition to a Sustainable Economy Means for Renewables Developers, Investors and Corporates
- IRS Provides Relief on Begin Construction Continuity Requirements
- What COVID-19 Means For Renewable Projects And Financing
- IRS Releases Initial Section 45Q Carbon Sequestration Credit Guidance
- The Senate’s New Base Erosion Tax: Highlights for Renewable Energy
BLOG EDITORS
STAY CONNECTED
TOPICS
ARCHIVES
RECENT POSTS
- Key Takeaways | Update on the Solar Circumvention Proceeding and Discussion of Possible Comments in Response to Commerce’s Recent Memo
- Key Takeaways: Risks, Opportunities and Disclosures in the Era of Climate Change
- Key Takeaways | Keeping the Lights On: Cyber Threat, Vulnerability and Oversight Considerations for the Energy Sector
- Key Takeaways | Commercial, Legal and Policy Responses to Commerce’s Anticircumvention Investigation
- Key Takeaways | African Markets and Opportunities for Cross-Border Investments in Renewable Energy

