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SENATE TO CONSIDER RETC EXTENSIONS NEXT WEEK

Tuesday, July 8, 2008 - 1:45AM

Senate Finance Committee Chairman Max Baucus, D-Mont., yesterday introduced S. 3335, the Jobs, Energy, Families and Disaster Relief Act, a package of tax extenders that would extend and expand the production and investment tax credits for renewable energy. The bill would also extend the new markets tax credit (NMTC) for one year. Click here for a summary of the bill’s provisions and its estimated revenue effects. The Senate is expected to take up S. 3335 for consideration next week.

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