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SENATE PASSES ENERGY BILL WITHOUT TAX CREDIT EXTENSIONS

Friday, June 22, 2007 - 7:00AM

The Senate last night passed H.R. 6, the CLEAN Energy Act of 2007. The version of the bill approved by the full Senate did not include the package of tax incentives approved by the Finance Committee earlier this week that would have extended the energy production and investment tax credits. Finance Committee Chairman Max Baucus, D-Mont., voted in favor of the legislation but following the vote he released a statement that said the inclusion of targeted tax incentives would have strengthened the bill.

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