Blog — Galanda Broadman

Senator Heinrich and Congressman Grijalva Introduce the Tribal Tax Incentive for Renewable Energy Act

On July 13, Senator Martin Heinrich (D-NM) and Congressman Raúl M. Grijalva (D-AZ) took another step to further allow Tribes to exert their energy autonomy by introducing the Tribal Tax Incentive for Renewable Energy Act.  This Act would permit Tribal Governments to take advantage of federal renewable energy tax credits by allowing tribes to transfer their share of the production tax credit to private entities that finance joint venture renewable energy projects on tribal lands.  Tribes would then be able to offer 100 percent of the tax credit to their partners.  Under the current regime, the tax credit is wasted: