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  • Summary of select Senate reconciliation bill tax provisions
    Reduced to $0, effectively suspending the provision, extended beyond 2025 Same provision Child tax credit Extension of $2,000 credit and inflation indexing beginning in 2029 Makes permanent increased credit and sets at $2,200 per child beginning in tax year 2025 Increased to $2,500 for 2025-28 Subject to Social Security number requirement
  • Senate reveals Medicaid, energy credit and tax provisions in new bill
    The Senate Finance Committee on Monday unveiled its portion of President Trump’s “big, beautiful bill,” containing provisions on Medicaid, taxes and green energy tax credits The committee
  • The United States Senate Committee on Finance
    The Senate Finance Committee’s portion of the reconciliation bill prevents a more-than $4 trillion tax hike on American families and workers and makes the 2017 Trump tax cuts permanent; delivers additional relief to working families and seniors; powers the economy by restoring and making essential business provisions permanent; and achieves record savings
  • Senate Bid to End Efficiency Tax Credits Would Raise Bills
    The plan from the Senate Finance Committee is set to be part of the massive tax-related reconciliation bill that could pass the Senate with a simple majority The proposal includes provisions eliminating tax credits for home energy efficiency improvements, new energy-efficient homes, and electric cars and trucks, among others
  • US Senate Republicans Change Trump Tax-Cut Bill, Setting Conflict With . . .
    The Senate Finance Committee proposal would also cap tax breaks on tipped income and overtime pay that Trump promised during the 2024 campaign The House version would allow deductions on income
  • Senate considers longer 45V phaseout - Axios
    Senate Republicans are weighing a longer phaseout timeline for the 45V hydrogen production tax credit that the House-passed reconciliation bill winds down by the end of this year Why it matters: The IRA credit is a lucrative opportunity for oil and gas producers seeking to scale up the nascent technology
  • Senate enters pivotal week on reconciliation - E E News by POLITICO
    Republicans are looking to finalize the new version of their megabill in the coming days Sen Thom Tillis (R-N C ), a member of the Finance Committee, expects changes to House-passed tax
  • Dont expect the US Senate to reinstate 45V green hydrogen tax credits . . .
    The letter, addressed to Senate majority leader John Thune and finance committee chairman Mike Crapo, also includes signatures from fossil fuel lobby groups, such as the American Petroleum Institute and the American Gas Association — which appear to be motivated by a desire to keep the tax credit in place to benefit blue hydrogen projects




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