WASHINGTON, D.C.— Lawmakers on the House Ways and Means Committee’s Subcommittee on Tax Policy have re-introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act. The bill includes several key solar provisions, including a five-year extension of the solar Investment Tax Credit (ITC), and a direct pay option for large projects when claiming the ITC.
Last year was a year like no other, filled with pain and suffering, resilience, bravery and immense uncertainty. The holidays, normally a time to unwind and decompress with loved ones, looked much different this year for most Americans.
WASHINGTON, D.C. – Congress has passed broad end-of-year legislation that includes significant benefits for solar energy. The full legislative package combines a $900 billion COVID-19 relief package and an omnibus spending bill for 2021 with tax extenders and energy policy changes.