COMPANION EXENTENSION BILL INTRODUCED IN SENATE
Sen. Gordon Smith, R-Ore., today introduced S. 590, the Securing America's Energy Independence Act of 2007. S. 590 is the companion bill to H.R. 550, introduced last month in the House, that would extend through 2016 the energy tax credit for solar energy property and qualified fuel cell property and the tax credit for residential energy efficient property expenditures. The measure has 13 co-sponsors and upon introduction was referred to the Senate Finance Committee.