The plan now includes a one-year extension of the credit through 2013. The incentive, which the wind industry calls vital to financing new power projects, is currently slated to expire at the end of 2012.
However, the election-year path forward for the incentive — and the overall tax package — remains highly uncertain.
Romney’s opposition to extending the wind credit, announced this week, may create complications for GOP lawmakers.
A spokesman for House Speaker John Boehner (R-Ohio) did not respond to an inquiry Wednesday about Boehner’s view on renewing the incentive.
The Senate plan would allow the incentive for projects that begin construction before the end of next year.
This post was updated at 3:27 p.m.