House Legislation Would Make Solar Eligible for Federal PTC
Nine members of the House of Representatives introduced legislation to allow solar energy to qualify for a full value production tax credit (PTC). H.R. 5175 would extend the federal PTC to electricity produced by solar energy. The legislative text was not immediately available. The nine House members–including eight members of the Ways and Means Committee and one member of the Energy and Commerce Committee–introduced the legislation ahead of the Ways and Means Committee markup of the budget reconciliation package. Co-sponsors are pushing for the PTC provision to be included in budget reconciliation legislation.
Renewable energy legislation will be a focus at the Novogradac 2021 Fall Renewable Energy and Environmental Tax Credits Conference Nov. 4-5 in Washington, D.C.