SR 103 – Federal Wind Energy Production Tax Credit
FLOOR ACTION:
SR 103 supports the extension of the federal wind energy production tax credit, which expired December 31, 2013. This credit has supported the recent expansion and innovation of the wind energy industry in Iowa. Thousands of jobs in Iowa are connected to the wind industry, including manufacturing, operation and maintenance positions. The expiration of the credit puts many jobs in the state at risk and slows down investments by energy producers in the clean, renewable energy. [2/5: 49-0 (Houser excused)]