Democrats on key panel offer bill on solar tax incentive

Democrats on key panel offer bill on solar tax incentive
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A group of Democrats on the tax-writing House Ways and Means Committee introduced a bill Friday aimed at encouraging clean-energy production that they're seeking to include in a forthcoming multitrillion-dollar spending package.

The legislation would allow solar companies to be eligible for a full-value production tax credit. Currently, this incentive is available for wind and geothermal energy.

The bill’s release comes as President BidenJoe BidenJill Biden campaigns for McAuliffe in Virginia Fill the Eastern District of Virginia  Biden: Those who defy Jan. 6 subpoenas should be prosecuted MORE and congressional leaders have made it a top priority to pass a spending package that includes renewable energy incentives along with funding for child care, education, health care and other Democratic priorities. Democrats plan to pass the spending package through the budget reconciliation process to sidestep the need for any GOP support in the Senate.

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The sponsors of the solar bill say it should be included in the reconciliation measure because it would help advance Biden’s goal of achieving carbon-free electricity production by 2035.

“Let’s get this in the reconciliation package so we can help make the United States carbon free by 2035,” Rep. Thomas Suozzi (D-N.Y.), a sponsor of the solar bill, said in a statement. “This legislation makes that goal that much easier to attain.”

Other Ways and Means Committee members who are backing the bill include Democratic Reps. Earl BlumenauerEarl BlumenauerIlhan Omar to Biden: 'Deliver on your promise to cancel student debt' Milestone bill would bar imports linked to forest destruction First new congressional map approved in Oregon after 2020 Census MORE (Ore.), Ron KindRonald (Ron) James KindNonprofit founder launches bid to replace Rep. Kind in Wisconsin Bottom line Wisconsin governor seeks to intervene in redistricting case MORE (Wis.), Steven HorsfordSteven Alexander HorsfordNevada congressional candidate says she was 'drafted' to run Black Caucus meets with White House over treatment of Haitian migrants LIVE COVERAGE: Ways and Means begins Day 2 on .5T package MORE (Nev.), Dwight EvansDwight (Dewey) EvansDemocrats on key panel offer bill on solar tax incentive It's now Pelosi's move on bipartisan roads bill Group launches first national ad campaign to celebrate America's 250th anniversary MORE (Pa.), Dan KildeeDaniel (Dan) Timothy KildeeFormer Rep. Dale Kildee dies at 92 EPA closer to unveiling plan for tackling 'forever chemicals' Sanders, Manchin, Sinema fight proxy war in the House MORE (Mich.), Jimmy PanettaJames Varni PanettaAmerica's veterans hold a reserve of national security strength we should tap GOP ekes out win in return of Congressional Baseball Game 20 years later: Washington policymakers remember 9/11 MORE (Calif.) and Don Beyer (Va.).

Rep. Nanette Diaz Barragán (D-Calif.), who serves on the Energy and Commerce Committee, is also a sponsor.

A number of environmental groups support the bill, including the Sierra Club, the League of Conservation Voters and Citizens Campaign for the Environment.

The Ways and Means Committee is expected to start considering its portion of the $3.5 trillion reconciliation package next week. The panel has yet to release text of its portion of the measure.

A Democratic aide familiar with the matter said that the sponsors of the solar bill have been working with Ways and Means Committee staff, who view it positively.