CARRIER GLOBAL CORPORATION

TAX · Taxation/Internal Revenue Code

Monitored and educated policymakers on high-priority corporate tax provisions such as restoring and making permanent expired provisions for R&D expensing, bonus depreciation for capital investment, and interest deduction; Monitored and worked to preserve existing efficiency tax incentives for residential and commercial buildings, energy storage tax incentives.

ENG · Energy/Nuclear

Educate policymakers about Carrier's work on building and energy efficiency. Monitor implementation of P.L. 117-58, the Infrastructure Investment and Jobs Act. Advocate for investments into technologies that leverage energy storage to enable load flexibility and provide grid resilience in the fiscal year (FY) 2025 Energy and Water Appropriations Bill. Advocate for the use of cold chain technologies aimed at hunger prevention in developing agricultural markets and the implementation of P.L.117-195, the Global Food Security Act in the fiscal year (FY) 2025 Energy and Water Appropriations Bill, and the fiscal year (FY) 2025 Agriculture Appropriations Bill. Monitor EPA implementation of HFC refrigerant transition for HVAC systems. Monitor changes to the climate provisions of the Infrastructure Investment and Jobs Act, P.L.117-58, as amended by H.R. 1, the One Big Beautiful Bill Act.

Literal federal measure citations: H.R. 1

TRD · Trade (domestic/foreign)

Monitor and discuss trade policy.

ENV · Environment/Superfund

Shared perspective about EPA implementation of HFC refrigerant transition for HVAC systems.