News

Updated Senate bill slashes wind and solar incentives – and adds a new tax
An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy – and adds a new tax on ...
Senate Republicans seek to end EV tax credit by September 30
Republicans have taken aim at EVs on a number of fronts, a reversal from former President Biden's policy that encouraged ...
The child tax credit could be worth over $2,000 under Republicans' spending plan — but millions of families wouldn't benefit
Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...
E&E News1d
GOP releases megabill text with land sales, tax credit rollbacks
The Senate released new megabill text overnight with stricter treatment for renewable energy incentives from the Democrats’ ...
LA Film Production May See Lifeline Soon With $750 Million Tax Credit Plan on Verge of Passing
Jeremy Fuster, Film Reporter, joined TheWrap in 2016 and covers box office and labor news. He received a National Arts & ...
Will a GOP 'Big Bill' Incentive Help Donors Avoid Capital Gains Tax?
As U.S. Senate Republicans mark up their version of the One Big Beautiful Bill Act, one provision proposed a major tax break for private school donors.
Trump Tax Bill to Boost Biden’s Chip Tax Credit to 30%
The Senate’s draft tax bill calls for increasing an investment credit for semiconductor manufacturers, a potential boon for ...
WDIO News6h
Action Wisconsin supports bills for statewide film tax incentives
Wisconsin is among the 13 states lacking film incentives and a film office, which Action Wisconsin aims to change.
California Lawmakers Officially Secure $750M Annually For Film & TV Tax Credit Program With Final Budget Vote
The California Legislature has officially made Gov. Gavin Newsom’s proposal to up the annual Film & TV Tax Credit funding to ...