I concur with my colleagues. This is a very important tax credit for alternative fuels. It is an issue of fairness, not one of corporate welfare. Earlier this year I, along with 18 of my colleagues, introduced a bill that would extend for eight months the placed-in-service date for coal and biomass facilities. The need still exists to extend this date and I am very disappointed that this was not included.
Orrin Hatch: “I concur with my colleagues. This is a very important tax credit for alternative fuels. It is an issue of fairness, not…”
Editor's note · Context
Discussing the importance of tax credits for alternative fuels and the need to extend the placed-in-service date for coal and biomass facilities.
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