The California Energy Transition

The California Energy Transition

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The California Energy Transition
The California Energy Transition
Energy Committees Introduce Legislation to Exempt IRA Funds from Tax
Climate and Energy Policy

Energy Committees Introduce Legislation to Exempt IRA Funds from Tax

Feb 13, 2025
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The California Energy Transition
The California Energy Transition
Energy Committees Introduce Legislation to Exempt IRA Funds from Tax
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The chairs of the Senate and Assembly energy committees introduced legislation to benefit renewable energy developers by exempting certain Inflation Reduction Act (IRA) funds from taxes. The IRA, passed in 2022, created a number of energy tax credits to promote the development of renewable energy.

SB 302 would exclude from gross income a refund payment m…

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