OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Energy Bill Tax Package

Date: July 27, 2005
Location: Washington, DC
Issues: Energy Natural Resources


Energy Bill Tax Package

Sen. Chuck Grassley, chairman of the Committee on Finance, made the following comment
on the final House-Senate conference committee agreement on the energy bill tax package.

"The conference negotiations were successful. The result is a final tax package that's wellbalanced
among renewable energy, conservation and traditional energy sources. Renewable energy
and conservation got a very big slice of the pie. We're enacting historic legislation that will bring
increased use of renewable fuels like wind, biomass, fuel-efficient cars and appliances, and even
solar energy for homes. It's very essential to have strong renewable energy incentives. They're good
for consumers, farmers, national security, the environment, and the economy. Now that MTBE
liability is out of the picture, it looks like the Senate will pass this bill with no problem and the
President will have it on his desk next week."

http://finance.senate.gov/press/Gpress/2005/prg072705.pdf

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