As originally published in The Sun Sentinel on January 11, 2018.
Congressman Carlos Curbelo has once again proven his commitment to both energy and the environment during the tax reform process.
The Tax Cuts and Jobs Act signed into law by President Trump will be a catalyst for growth. A lower corporate tax rate and allowing for 100 percent expensing will make American businesses more competitive. The final bill managed to protect a number of other clean energy tax credits by fixing the Senate’s Base Erosion Anti-Abuse Tax and eliminating the corporate Alternative Minimum Tax.
Congressman Curbelo should be commended for ensuring that the House version of the tax reform bill included the “orphaned” tax credits for renewable energy sources.
Unfortunately, these valuable credits were dropped from the final agreement. There will be opportunities for further legislation to approve these crucial renewable energy tax credits. We’re counting on Congressman Curbelo to keep fighting for these credits in 2018.
Heather Reams, managing director, Citizens for Responsible Energy Solutions