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PANELISTS SUPPORT TAX INCENTIVES FOR RENEWABLE ENERGY AT HOUSE SUBCOMMITTEE HEARING

Thursday, September 27, 2007 - 7:00AM

Renewable energy tax incentives, including the Section 45 production tax credit, have been key to some recent growth by small businesses in the renewable energy sector and should be continued, according to testimony at a hearing yesterday before the House Small Business Committee’s subcommittee on contracting and technology. Panelists from the alternative fuel sector spoke at the hearing on small business renewable energy tax incentive possibilities about the challenges they face, and examined the need for additional changes in the tax code to create incentives and spur investment.

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