BILL WOULD EXTEND SECTION 1603 GRANT PROGRAM FOR TWO YEARS
On December 17, Senators Dianne Feinstein, D-Calif., and Jeff Merkley, D-Ore., introduced a measure extend the Section 1603 program created by the Recovery Act for two additional years, until 2012. S. 2899 would also expand the Section 1603 program to allow public power utilities to participate and create a new tax credit for solar manufacturing facilities and the construction of large solar projects on disturbed private lands. Click here for a summary of the bill’s provisions. A copy of S. 2899 will be posted online at www.energytaxcredits.com as soon as the text becomes available.