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Grassley Files Amendments to Restore Wind, Biodiesel Tax Credits

Sen. Chuck Grassley (R-Iowa) has proposed amendments that would restore the tax credits for wind energy and biodiesel production. Both measures would amend the Bring Jobs Home Act, which seeks to discourage outsourcing jobs by ending certain tax credits. The wind and biodiesel incentives expired last year.

“Renewable energy supports thousands of jobs and generates billions of dollars in investment across the country,” Grassley said in a statement. “If the Senate truly wants to create and retain jobs, restoring clean energy tax incentives should be at the top of the list.”

Both credits were in a package of tax measures that failed in the Senate in May. It is not expected that Senate Majority Leader Harry Reid (D-Nev.) will allow any amendments to be considered.