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BILL INTRODUCED TO EXTEND PRODUCTION TAX CREDIT

Friday, March 16, 2012 - 7:00AM

A bipartisan group of six senators led by Sen. Chuck Grassley, R-Iowa, yesterday introduced S. 2201, the American Energy and Job Promotion Act. The bill calls for a two-year extension of the wind energy production tax credit (PTC), pushing back its sunset date to January 1, 2015. S. 2201 would also extend the PTC for biomass, geothermal, landfill gas, trash, hydropower, and marine and hydrokinetic energy by one year to January 1, 2015.

Discuss the renewable energy tax credits and other topics of interest to the industry at the Financing Renewable Energy Conference, May 3-4, in San Francisco, Calif.

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