Contact US Sen. Dan Coats (R-IN) to support extending renewable energy tax credits

U.S. Senator Dan Coats (R-IN)

DearIndianaDG Readers,Take Action: Urge the Senate Finance Committee to Extend the Investment Tax Credit.Next week, the Senate Finance Committee is expected to consider legislation that would extend expiring or recently-expired tax incentives, including the production tax credit (PTC) for wind and biomass. These provisions expired at the end of 2014 and, under this bill, would be retroactively extended through the end of 2016.

While this is a step in the right direction, your help is needed to encourage the Committee to further expand this tax package to include other incentives that will expire soon, such as the investment tax credit (ITC) for advanced energy technologies - which is slated to expire or dramatically reduced at the end of 2016. Waiting until these credits have expired and then enacting a short-term extension would not provide adequate certainty for businesses and investors and could hinder the growth of the clean energy industry.

Act Now: Send a message to your Senator, who serves on the Finance Committee, urging the committee to include ITC-related measures in the extenders package.

While there are a few ways the ITC could be extended, including a multi-year extension or by allowing projects to qualify as long as construction begins before the expiration date, none of these approaches can be debated unless the Committee agrees to include this credit in the package.

Phyllis Cuttino
The Pew Charitable Trusts

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Committee Leadership

Chairman
Orrin G. Hatch

This is “America’s Priorities” Committee. Orrin Hatch is fighting to lower taxes, strengthen Medicare, Medicaid and Social Security, and open markets to American products.

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Ranking Member
Ron Wyden

Ron Wyden is focused on preserving Medicare & protecting retirement security, updating the nation’s tax system with a focus on growth and fairness, and ensuring fiscal policy supports American jobs.

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