Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Solar Incentive Tax Credit Bill Fails
Aug 2008
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 Association (SEIA), only a handful of Republican senators supported the motion. “Without passage in the immediate future, tens of thousands of jobs and billions of dollars will be lost in new solar investment,” Rhone Resch, SEIA’s president told Solar Industry magazine. “Failure to extend the solar tax credits is a severe blow to an industry that has proven to be an economic engine for the U.S. at a time when we need it most.” SEIA is imploring members of the solar industry to contact their senators to urge the extension of the ITC. The next opportunity will likely be in September, when the Senate returns from its August recess.

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

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.