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Sen. Grassley files wind energy, biodiesel amendments to “jobs” bill
Story Date: 7/29/2014
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Source: PRESS RELEASE, 7/28/14
Sen. Chuck Grassley of Iowa is trying to make the so-called “jobs” bill before the Senate into a real jobs bill with the addition of provisions to renew the expired wind energy and biodiesel tax incentives.
“Renewable energy supports thousands of jobs and generates billions of dollars in investment across the country,” Grassley said. “If the Senate truly wants to create and retain jobs, restoring clean energy tax incentives should be at the top of the list.”
Grassley filed amendments to restore the wind energy and domestic biodiesel tax incentives to the Bring Jobs Home Act before the Senate. The Bring Jobs Home Act has been widely criticized as a political messaging bill from the Senate majority that isn’t expected to pass and won’t accomplish its stated mission, as noted here.
“I don’t expect to be allowed to offer my amendments because the Senate majority leader shuts out amendments from the Republican side,” Grassley said. “But I want to draw attention to the potential growth in a sector of the economy that’s right under our noses. This area could get a real boost if the majority in Congress chooses to act to restore these tax incentives.
“In fact, if the majority leader were really interested in jobs, he would devote floor time to debating and processing the pending bipartisan tax extenders legislation as it should be processed, in its entirety, to provide certainty to businesses and individuals alike. There’s no reason this tax relief legislation should be left to sit on the sidelines. Instead, it should be front and center in any effort to spur job-generating economic activity.”
Grassley secured renewal of the expired wind energy and biodiesel tax provisions in a tax measure passed out of the Finance Committee in April. The full Senate has yet to act on the measure. The tax provisions expired in January. They are among 55 expired tax provisions that are on the table for extension.
Last month, 302 groups and companies urged congressional leaders to take up the tax extenders legislation to promote clean energy technology and jobs. More information is available here.
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