Grassley seeks multi-year extension of wind energy tax credits

The bill also extends bonus depreciation incentives for all businesses, now set to expire at year’s end, for one year. Grassley said his plan should be included in the jobs legislation under consideration.

“We need to keep up the momentum for job creation, a clean environment, and energy independence.  Getting these tax incentives extended is important to help businesses secure the loans they need to make the investments necessary to create jobs,” he said in a prepared statement.