A U.S. senator has filed amendments to a jobs bill that would renew the expired wind energy and biodiesel tax incentives… although he admits it could be just political posturing. Sen. Chuck Grassley (R-IA) wants to add the renewals to the Bring Jobs Home Act, which he says really is just political messaging and not a serious jobs bill.
“I don’t expect to be allowed to offer my amendments because the Senate majority leader shuts out amendments from the Republican side,” Grassley said. “But I want to draw attention to the potential growth in a sector of the economy that’s right under our noses. This area could get a real boost if the majority in Congress chooses to act to restore these tax incentives.
“In fact, if the majority leader were really interested in jobs, he would devote floor time to debating and processing the pending bipartisan tax extenders legislation as it should be processed, in its entirety, to provide certainty to businesses and individuals alike. There’s no reason this tax relief legislation should be left to sit on the sidelines. Instead, it should be front and center in any effort to spur job-generating economic activity.”
Grassley had already secured renewal of the expired wind energy and biodiesel tax provisions, which expired at the beginning of this year, in a tax measure passed out of the Finance Committee back in April, but that bill is still awaiting action from the full Senate.
Source: www.domesticfuel.com