SEIA's Tax & Accounting Committee discusses pressing tax issues on Capitol Hill and in the Administration. The group is comprised of leading tax attorneys and consultants in the country as well as our member companies’ tax experts.Get Involved
SACRAMENTO, Calif. — California Governor Gavin Newsom signed SB 1340 into law yesterday, extending the state’s property tax exclusion for solar projects for two years and providing near-term certainty for America’s largest solar market. Following is statement from Rick Umoff, senior director and counsel, California, at the Solar Energy Industries Association:
SACRAMENTO, Calif. — Today, the California State Legislature approved a two-year extension of a property tax exclusion for solar projects, providing stability to solar companies facing significant uncertainty around project development as they work to help California meet its climate targets.
WASHINGTON, D.C. — Today, the House of Representatives approved the Inflation Reduction Act, which includes historic, long-term provisions to decarbonize the electric grid with significant clean energy deployment and domestic manufacturing.