Congressman Leonard Boswell (IA-3) today submitted an amendment that would restore confidence to the wind energy industry by extending the tax credit for renewable energy production through 2016.
"Much like we're seeing with the inaction of House Leadership on passing a Farm Bill, they too are failing to renew the production tax credit to help our burgeoning wind energy industry and other domestic renewable energy sectors," Boswell said. "Just yesterday the effects of that do-nothing attitude were felt by hundreds of American workers who were laid off at wind-turbine manufacturing facilities in Iowa and elsewhere throughout the country. Just as I did with the Senate-passed Farm Bill, I am submitting legislation to renew the alternative energy production tax credit to bring certainty to industries that are already beginning to struggle due to the gridlock of Washington."
Rep. Boswell submitted the measure to the House Rules Committee as an amendment to H.R. 3409, the Coal Miner Employment and Domestic Energy Infrastructure Protection Act. If made in order by the Rules Committee, the House will have the opportunity to pass the tax credit extension by the end of the week.