Senate Bill seeks to extend clean energy manufacturing credits

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Senate Bill seeks to extend clean energy manufacturing credits

Brighter Energy – Ohio Senator Sherrod Brown has introduced legislation into Congress seeking to expand the federal tax credit program for clean energy manufacturers.

Co-sponsored by his fellow Democrat Senators Charles E Schumer of New York, Jeff Merkley of Oregon, Robert P Casey of Pennsylvania and Kay Hagan of North Carolina, the Security in Energy and Manufacturing (SEAM) Act would open up the Advanced Energy Manufacturing Tax Credit (48C) program to those who cannot access tax credits.

The Act proposes to allow the option of payment in the form of grants, rather than just as tax credits.

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