• Treasury Issues Guidance on Cash Grants for Investment in Renewable Energy Property
  • July 24, 2009 | Author: Jessica A. Graf
  • Law Firms: Greenberg Traurig, LLP - Boston Office; Greenberg Traurig, LLP - Miami Office
  • The fiscal stimulus legislation enacted in February of this year (the American Recovery and Reinvestment Act of 2009, or ARRA) authorizes the U.S. Treasury to pay cash grants--in lieu of tax credits--for qualifying expenditures on renewable energy property.