Sens. Hoeven, Cramer Help Introduce Legislation to Eliminate Wind Tax Credit
April 30, 2021
April 30, 2021
WASHINGTON, April 30 -- Sen. John Hoeven, R-North Dakota, issued the following news release:
Senators John Hoeven and Kevin Cramer this week helped introduce legislation, led by Senator James Lankford (R-Okla.) and joined by Senator Shelley Moore Capito (R-W.Va.), to completely phase out the federal production tax credit (PTC) for renewable energy sources, like wind. The bill specifies that any new projects would need to begin construction by the end of this year in order to qualify . . .
Senators John Hoeven and Kevin Cramer this week helped introduce legislation, led by Senator James Lankford (R-Okla.) and joined by Senator Shelley Moore Capito (R-W.Va.), to completely phase out the federal production tax credit (PTC) for renewable energy sources, like wind. The bill specifies that any new projects would need to begin construction by the end of this year in order to qualify . . .
