NEMA Dismayed with Failure of Senate to Pass Tax Extender Legislation

NEMA expressed dismay that the Senate was not able to find a bipartisan basis for passing needed tax-extender legislation, including a two-year extension of the Energy Efficient Commercial Buildings Tax Deduction (also known as Section 179D) as part of the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act(S 2260). Previously passed on a bipartisan vote by the Senate Finance Committee, the legislation would have extended 55 tax provisions that expired at the end of 2013. The vote was 53 to 40 (60 votes were needed).

www.nema.org

Leave a Reply