|In late 2013, the Senate Finance Committee released a tax reform staff discussion draft on energy (the “energy draft”) as part of a series of tax reform proposals. According to Committee staff, the energy draft “proposes a dramatically simpler set of long-term energy tax incentives that are technology-neutral and promote cleaner energy that is made in the United States.” Although the departure of former Chairman Max Baucus (D-MT) from the U.S. Senate has thrown the fate of energy tax reform into doubt, there is ample reason to believe that his energy draft has hydrogen left in the fuel cell. This alert describes the energy draft and offers insights on the possible next steps for the proposal.To read the full alert, click here. Additional Resources: With so many different pieces to tax reform, it is easy to lose track of various proposals and materials. To access the most relevant tax reform information from the House Ways and Means Committee, Senate Finance Committee, the Administration, and others, please visit our Tax Reform Resources page.||
February 25, 2014Authors: Mary Burke Baker Government Affairs Advisor email@example.com +1.202.778.9223 Cindy L. O’Malley Government Affairs Counselor firstname.lastname@example.org +1.202.661.6228 Nicholas A. Leibham Partner email@example.com +1.202.778.9284 Karishma Shah Page Associate firstname.lastname@example.org +1.202.778.9128 Ryan J. Severson Associate email@example.com +1.202.778.9251 Andrés Gil Associate firstname.lastname@example.org +1.202.778.9226 David A. Walker Government Affairs Specialist email@example.com +1.202.778.9346
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