What happened? The House of Representatives filed a budget bill
this morning that would fund the federal government through October 2016.
Included is a deal to extend both provisions of the solar Investment Tax Credit
(ITC) at the current 30% until the end of 2019 before phasing it out over
several years.
Why does it
matter? Don't pop the champagne
yet - this ITC extension is not a done deal. The entire bill still needs to be
voted on and approved by both the House of Representatives and the Senate
before being sent to the President for his signature. But, since Congress must
pass a budget and members are eager to adjourn for the holidays, prospects are
looking good!
What can you do? It's possible the House could vote as early as Thursday - that's tomorrow! - followed shortly thereafter by a Senate vote. Please call your representatives in both the House and Senate and ask them to support the budget bill! Find their phone numbers here. Or if you can’t make a call, click here to send a note to your representatives.
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