The Senate Finance Committee has marked up the Energy Policy Tax Incentives Act of 2005, the title of the energy policy bill now before the full Senate.
The bill, which provides $11 billion in energy tax incentives over five years, includes an extension of the renewable electricity production tax credit. The bill also contains a credit for investment in clean coke/cogeneration facilities; a deduction for energy-efficient commercial buildings; a credit for the construction of new energy-efficient homes; and alternative motor vehicles and fuels credits.
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