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BILL INTRODUCED TO ELIMINATE ENERGY TAX CREDITS

Wednesday, January 16, 2013 - 8:00AM

Rep. Mike Pompeo, R-Kan., yesterday introduced a bill to eliminate all energy tax credits. The Energy Freedom & Economic Prosperity Act (EFEPA), H.R. 259, affects both renewable and conventional energy sources and provides a comparable reduction in tax rates for every dollar generated from the repealed tax credits. H.R. 259 currently has 11cosponsors; the bill was referred to the House Ways and Means Committee.

Tune in to the Tax Credit Tuesday podcast on Jan. 22 to learn more about the bill.

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