ECONOMY
2 min read

California Faces Deadline for Clean Energy Tax Credits After Federal Changes

TrueGov Editorial Team6 months ago
California Faces Deadline for Clean Energy Tax Credits After Federal Changes

State urged to act before 2027 expiration of renewable energy incentives

1.

California faces a narrowing window to utilize federal clean energy tax credits following recent legislative changes. The One Big Beautiful Bill Act, passed under the Trump administration, repealed tax credits established by the 2022 Inflation Reduction Act and eliminated federal programs supporting clean energy innovation. These incentives are now set to expire after 2027, with projects needing to begin construction by July 2026 to qualify.

Comments(0)
California Faces Deadline for Clean Energy Tax Credits After Federal Changes