House passes 'big, beautiful bill'
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The sweeping bill passed by House Republicans would effectively repeal key tax credits that have supported the rapid growth of solar power in the U.S. The solar industry warns the bill would result in job losses,
House Republicans narrowly passed a major tax and immigration bill backed by former President Trump, but its future in the Senate is uncertain.
Read here to know how proposed tax changes impact NextEra Energy (NEE), its growth in renewables, and dividend outlook amidst policy headwinds.
After the House passed President Donald Trump’s “one big, beautiful bill” by a single vote on Thursday, the Senate is
The “One, Big, Beautiful Bill” will remove almost all Inflation Reduction Act (IRA) tax credits for renewable energy projects, with looser restrictions for advanced nuclear projects. The bill will now pass through the US Senate, where its specifics may be subject to change.