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Solar Incentive Tax Credit Bill Fails

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A bill that would have extended the solar investment tax credit (ITC), which is slated to expire at the end of this year, failed to pass for the eighth time in a row. The bill, called the Jobs, Energy, Families and Disaster Relief Act of 2008 (S. 3335), failed to garner the sixty affirmative votes needed to move legislation forward. Defeated on the Senate floor by a vote of 51-43, the bill was introduced by Senate Finance Committee Chairman, Max Baucus (D-Mont), to promote American jobs, energy and families with targeted tax relief and incentives. According to the Solar Energy Industries...Read full article

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    Published: August 2008
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    alternative energyEmploymentenergyFamilies and Disaster Relief Act of 2008 (S. 3335)ITCjobsMax BaucusNews BriefsphotonicsPhotonics Tech BriefsRhone ReschSolar EnergySolar Energy Industries Association (SEIA)solar investment tax creditUnited States Senate

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