Hype for Energy Tax Perks Could Shield Regs from Repeal

Tax attorney Nicole Elliott was quoted in a Law360 article shedding light on the Trump Administration's potential use of the Congressional Review Act (CRA) to rescind final regulations from the U.S. Department of the Treasury and IRS implementing clean energy tax credits under the Inflation Reduction Act. She detailed the repercussions of such actions on future regulations and the strategic considerations behind using the CRA for this purpose.

"If finalized, these rules would be subject to the Congressional Review Act," she said.

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