Votes For Legislation That Extends Important Family Tax Breaks As Well As Energy Related Provisions

Press Release

Date: May 21, 2008
Location: Washington, DC

Congresswoman Ileana Ros-Lehtinen, a senior member of the Florida Congressional Delegation, is pleased with today's votes in the House to extend several tax provisions that target working families and the American Consumer as well as the alternative energy sector. The "Renewable Energy & Job Creation Act" includes several tax extensions and credits that directly affect the American consumer and our families and will help us along towards gaining energy independence. Ros-Lehtinen also voted again to prohibit drilling off Florida's coast. The final vote was 263 to 160.

This legislation extends tax credits and the deduction for state and local sales taxes, a tax deduction for qualified tuition and related expenses, research and development tax credit, tax deduction for certain expenses of elementary and secondary school teachers, and it lowers the threshold to qualify for the Child Tax Credit, amongst other provisions.

The bill also targets energy related tax breaks as it extends and modifies the renewable Energy Tax Credit, Solar Energy and Fuel Cell Investment tax credit, new Clean Renewable Energy Bonds, amongst other items on the bill.

Said Ros-Lehtinen, "This legislative project will give our American families much needed tax breaks and I am pleased that it has been approved. I am also pleased with the provisions targeting alternative energy sources as I am of the firm belief that our country needs to drastically improve our clean energy sources. It has become a matter of not only economic security, but now also national security.

I urge my colleagues in the Senate to put politics aside and approve this bill."


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