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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,
Read here to know how proposed tax changes impact NextEra Energy (NEE), its growth in renewables, and dividend outlook amidst policy headwinds.
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.
While proposed changes to Medicaid have gotten a lot of attention, the Republican budget bill in Congress would also make other big changes, including changes to your taxes.