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BILL INTRODUCED TO ALLOW ITC FOR WASTE-TO-ENERGY PROJECTS

Monday, January 10, 2011 - 8:00AM

Rep. Lloyd Doggett, D-Texas, reintroduced a bill in the new session of Congress last week to establish an investment tax credit for waste-to-energy facilities. H.R. 66, or the Waste-to-Energy Technology Act of 2011, is an updated version of H.R. 5856, which Doggett introduced in July of 2010. The proposal would provide $1 billion in investment tax credits for qualified waste-to-energy facilities, which are defined as properties comprising a system that uses municipal solid waste or municipal sewage sludge as the feedstock for producing certified solid, liquid or gas fuel.

Tune in to the January 18 Tax Credit Tuesday podcast to learn more about the proposed tax credit.

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