Tag Archives: Consolidated Appropriations Act

Congress Extends Wind and Solar Tax Credits Subject to Phase-out

By Latham & Watkins LLP on December 22, 2015 Posted in Tax and incentives

By Julie M. Marion and Thomas Halpern The Consolidated Appropriations Act, 2016 (the Act), which President Obama signed into law on December 18, 2015, re-enacts the production tax credit (PTC) and investment tax credit (ITC) for wind energy projects and modifies and extends the 30% ITC for solar energy projects. For both resources, the Act … Continue Reading