Ways and Means looks to move a green jobs bill

House Ways and Means Chairman Sandy Levin (D-Mich.) next week is expected to present a green energy jobs bill to his committee. 

The measure is currently being drafted but is expected to provide between $15 billion and $20 billion in tax relief to renewable energy sectors and be fully offset by rescinding tax breaks for the oil and gas industry. 

Levin has already hosted a hearing on green energy jobs. It is unclear if a markup will occur on the legislation.