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BILL WOULD EXTEND ITC TO SOLAR LIGHT PIPES

Thursday, January 27, 2011 - 8:00AM

Sen. Herb Kohl, D-Wis., on Tuesday introduced a bill to extend the Section 48 Investment Tax Credit to solar light pipe technology. S. 157 would amend the Internal Revenue Code of 1986 to provide a 30 percent investment credit for solar light pipes. Solar light pipes collect natural light and, using sensor technology, dim other lights in the building, which results in a reduction of the amount of electricity needed to produce light. The bill was referred to the Senate Committee on Finance. The text of the bill can be found in the Renewable Energy Tax Credit Resource Center.

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