News
PTC extension for wind energy not included in payroll tax bill
According to sources familiar with the negotiations, Democrats attempted to include the PTC in the negotiations, but talks broke down when Republicans tried to get Democrats to soften their stance on reducing hazardous air pollutant emissions from existing and new boilers and commercial and industrial solid-waste incinerators.
February 15, 2012
by Mark Del Franco
in North American Windpower
Hopes that a near-term extension of the production tax credit (PTC) for wind power would be included in legislation to extend the payroll tax cuts through the remainder of this year are nearly extinguished, as NAW has learned that congressional leaders have reached a tentative framework agreement on the payroll tax cut - but it does not contain a PTC extension.
A House-Senate conference committee is expected to approve the deal, which will then go to the House and Senate as soon as today. Sources, who wished to remain anonymous, told NAW that both legislative bodies are expected to quickly sign... [continue via Web link]
Filed under
:
Tax Breaks & Subsidies
:
USA
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.