Bingaman, Hatch and Stabenow are members of the Finance Committee that writes tax policy.
“Currently, the United States runs an annual ‘green trade deficit’ of almost $9 billion. But the United States should be the world’s No. 1 manufacturer of clean energy technology. This tax incentive will help us move toward that goal,” Bingaman said in a prepared statement.
President Obama endorsed an expansion of the credit in a speech on jobs and the economy earlier this week.