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  • American Energy and Job Promotion Act

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    Mark Udall
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    Colorado is positioned to lead the country in renewable energy. That's why I joined a bipartisan group of colleagues in introducing the American Energy and Job Promotion Act. This bill will extend several key renewable energy tax credits, like the production tax credit for wind, biomass, geothermal, hydropower, and other renewables. This measure, and others that I have supported, could help Americans reduce their energy costs at home and at the pump. Clean energy has great potential in Colorado and the U.S. to create new jobs and help us win the global energy race – but this will not happen without support from the federal government.

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    Colorado is positioned to lead the country in renewable energy. That's why I joined a bipartisan group of colleagues in introducing the American Energy and Job Promotion Act. This bill will extend several key renewable energy tax credits, like the production tax credit for wind, biomass, geothermal, hydropower, and other renewables. This measure, and others that I have supported, could help Americans reduce their energy costs at home and at the pump. Clean energy has great potential in Colorado and the U.S. to create new jobs and help us win the global energy race – but this will not happen without support from the federal government.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    192 views2 pages

    American Energy and Job Promotion Act

    Uploaded by

    Mark Udall
    Colorado is positioned to lead the country in renewable energy. That's why I joined a bipartisan group of colleagues in introducing the American Energy and Job Promotion Act. This bill will extend several key renewable energy tax credits, like the production tax credit for wind, biomass, geothermal, hydropower, and other renewables. This measure, and others that I have supported, could help Americans reduce their energy costs at home and at the pump. Clean energy has great potential in Colorado and the U.S. to create new jobs and help us win the global energy race – but this will not happen without support from the federal government.

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    Attribution Non-Commercial (BY-NC)
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    of 2

    II

    112TH CONGRESS 2D SESSION

    S. 2201

    To amend the Internal Revenue Code of 1986 to extend the renewable energy credit.

    IN THE SENATE OF THE UNITED STATES


    MARCH 15, 2012 Mr. GRASSLEY (for himself, Mr. UDALL of Colorado, Mr. BROWN of Massachusetts, Mr. HARKIN, Mr. HELLER, Mr. WYDEN, and Mr. BENNET) introduced the following bill; which was read twice and referred to the Committee on Finance

    A BILL
    To amend the Internal Revenue Code of 1986 to extend the renewable energy credit. 1 Be it enacted by the Senate and House of Representa-

    2 tives of the United States of America in Congress assembled, 3 4


    SECTION 1. SHORT TITLE.

    This Act may be cited as the American Energy and

    5 Job Promotion Act. 6 7


    tkelley on DSK3SPTVN1PROD with BILLS

    SEC. 2. EXTENSION OF RENEWABLE ENERGY CREDIT.

    (a) WIND.Paragraph (1) of section 45(d) of the In-

    8 ternal Revenue Code of 1986 is amended by striking Jan9 uary 1, 2013 and inserting January 1, 2015.

    VerDate Mar 15 2010

    22:43 Mar 15, 2012

    Jkt 019200

    PO 00000

    Frm 00001

    Fmt 6652

    Sfmt 6201

    E:\BILLS\S2201.IS

    S2201

    2 1 (b) BIOMASS, GEOTHERMAL, LANDFILL GAS, TRASH,


    AND

    2 HYDROPOWER,

    MARINE

    AND

    HYDROKINETIC.Each

    3 of the following provisions of section 45(d) of the Internal 4 Revenue Code of 1986 is amended by striking January 5 1, 2014 and inserting January 1, 2015: 6 7 8 9 10 11 12 13 (9). (7) Subparagraph (B) of paragraph (11). (1) Clauses (i) and (ii) of paragraph (2)(A). (2) Clauses (i)(I) and (ii) of paragraph (3)(A). (3) Paragraph (4). (4) Paragraph (6). (5) Paragraph (7). (6) Subparagraphs (A) and (B) of paragraph

    tkelley on DSK3SPTVN1PROD with BILLS

    S 2201 IS
    VerDate Mar 15 2010 22:43 Mar 15, 2012 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S2201.IS S2201

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