UPDATE – US Senate To Vote on Renewable Energy Tax Credits Today
The United States Senate is set to vote later today on legislation that would extend tax credits for renewable energy. In a surprise move, Senate Finance Chairman Max Baucus (D-MT) said in a statement that the tax extensions will be attached to the upcoming US $700 billion rescue legislation for Wall Street firms. The Senate is expected to vote on the financial rescue plan with added tax relief later today, and to send it to the House of Representatives for final consideration. The legislation, which is the same version that passed the Senate on September 24, will extend the PTC for one year and the ITC for eight years.
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UPDATE – US Senate To Vote on Renewable Energy Tax Credits Today
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