Rep. Mike Thompson, D-Calif.; Rep. Dave Camp, R-Mich.; Rep. Lloyd Doggett, D-Texas, and Rep. Patrick Tiberi, R-Ohio, have introduced the Solar Manufacturing Jobs Creation Act in the U.S. House of Representatives.
The legislation would provide a tax credit to support solar manufacturing in the U.S. Currently, a 30% solar investment tax credit (SITC) exists for the investment in or installation of solar power technology. Under the Solar Manufacturing Jobs Creation Act, equipment and facilities used to manufacture solar power technology would be added to the eligible property list for the SITC.
Similar legislation was introduced earlier this month in the U.S. Senate by Sen. Debbie Stabenow, D-Mich.; Sen. Robert Menendez, D-N.J.; and Sen. Michael Bennet, D-Colo.
The Solar Energy Industries Association (SEIA) applauded the legislation's House introduction.
‘We thank Congressmen Thompson, Camp, Doggett, and Tiberi for introducing the Solar Manufacturing Jobs Creation Act in the House,’ says Rhone Resch, president and CEO of SEIA. ‘The solar industry is growing into an economic force, and we want to ensure that clean energy jobs continue being created in America and stay in America.’
SOURCE: Solar Energy Industries Association
