The House and Senate Conference Committee reached agreement on the Tax Cuts and Jobs Act (TCJA) last Friday, December 15, 2017. The text of the bill (the Conference Agreement) is available here. Prior coverage of the House bill and a prior version of the Senate bill is available here and here, respectively.
PTC and ITC
The Conference Agreement, following the Senate bill, will not change the PTC or ITC from the current law phase-down.
Corporate Tax Rates
The Conference Agreement will lower the highest corporate tax rate to 21% beginning in 2018.