On the recordMay 14, 2014
I thank the Senator. Senator Alexander and I are introducing an amendment to the tax extenders bill currently on the floor. This amendment would simply strike that extension, do away with it completely. We also have another amendment as to when producers of wind energy claim the subsidy right now, they can claim it now but not have the clock start until they start producing. So if they do not start producing for another 10 years, the end point of that subsidy is a full 20 years from now and taxpayers are on the hook much longer than was anticipated. So this would simply say that the point at which the subsidy begins has to be immediately so we won't go too far in the future. Those amendments will be introduced tomorrow, and we hope to be able to debate those on the floor with this bill.
