CCH (cch.taxgroup.com) reports:
The House is likely to consider comprehensive energy legislation before its target adjournment date of September 26, House Majority Leader Steny H. Hoyer, D-Md., said on September 10. In remarks to reporters during a press briefing, Hoyer said House Democrats would like to pass energy legislation that includes tax incentives for renewable energy such as wind power.
According to Hoyer, the legislation could also include the so-called tax extenders, and those provisions would have to meet House pay-as-you-go budget rules. He added that the energy legislation could come to the House floor as early as the week of September 8, but House consideration is somewhat dependent on whether Senate lawmakers are able to reach an agreement on energy legislation.
By Stephen K. Cooper, CCH News Staff
Daily Tax News
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