Federal Legislation Would Modify and Extend Clean Renewable Energy Bond Program
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/federal-legislation-would-modify-and-extend-clean-renewable-energy-bond-program/Rep. Jim McDermott, D-Wash., recently introduced the Clean Renewable Energy for Public Power Act (H.R. 1821), which would extend and reform the Clean Renewable Energy Bond program authorizing government entities, rural cooperatives and municipally-owned electric systems to issue tax-credit bonds for renewable energy projects, as a counterpart to the production tax credit available to investor-owned utilities and other renewable energy project developers.
