Small business bill stalls; PTC extension not considered
A bipartisan effort by three U.S. Senators to have an extension of the federal wind energy Production Tax Credit (PTC) considered by the full Senate was thwarted yesterday, when the Small Business Jobs and Tax Relief Act (S. 2237) failed to receive enough votes to move forward.
Sens. Michael Bennet (D-Colo.), Jerry Moran (R-Kans.) and Mark Udall (D-Colo.) had filed a proposed amendment to the bill that would have extended the PTC for two years, but since the bill will not be debated, the amendment will not be considered.
In a letter late yesterday, AWEA's Chris Chwastyk, Vice President for Federal Legislative Affairs, told PTC supporters, "We very much appreciate your efforts to reach out to your Senators about an amendment that had great potential to give the ...