Latest legislation fails to extend Section 1603 cash-grant program
Credit: By NAW Staff, North American Windpower, www.nawindpower.com 27 December 2011 ~~
Translate: FROM English | TO English
Translate: FROM English | TO English
New legislation agreed upon by the U.S. House of Representatives and Senate on Dec. 22 – which focuses on payroll tax extension, unemployment insurance benefits and Medicare – does not include extension of the U.S. Department of Treasury’s Section 1603 cash-grant program, which is scheduled to expire at the end of this year.
Renewable energy stakeholders had vigorously lobbied for the continuation of this program in recent months.
The final agreement, which was signed into law by President Obama on Dec. 23, includes future work by senators and representatives on reconciling the differences between the chambers.
This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.
The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.
| Wind Watch relies entirely on User Funding |
 |
 |
Share:
[ Short URL: https://wind-watch.org/news/?p=17133 ]
