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Senate Finance Committee to Consider Tax Extenders

Tuesday, April 1, 2014 - 7:00AM

The Senate Finance Committee will markup legislation on “tax extenders” on Thursday, April 3. The bill, entitled the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, addresses a number of tax provisions that have expired or will expire at the end of this year. The committee also released a summary of the bill’s provisions and a cost estimate.

As currently written, the chairman’s mark of the EXPIRE Act extends several renewable energy provisions but it does not include an extension of the renewable energy production tax credit (PTC) for wind. It is expected that committee members will offer an amendment to extend the PTC for wind during committee consideration on Thursday.

For more information, tune in this afternoon to the Tax Credit Tuesday podcast. Additional details may also become available leading up to the hearing, so stay tuned.

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