Green Bay, Wisconsin (WBAY) – The local heads of state and government express concerns about clean energy tax creditors on Tuesday, which are present in the draft law to reconcile the federal government. This draft law is currently taken into account by the Senate after leaving the house at the end of the last month.
If the draft law exceeds the Senate and President Trump signs it, many Green Energy Tax Credits would be removed or reduced in the law on inflation reduction.
People Action 2 News spoke with the effects on projects on which their organizations work and fear that fewer people want to become green.
“A few years ago, our church decided that we really wanted to organize our building with our values, and so we installed 42 solar collectors on one of the flat roofs of our historical building,” said Reverend Bridget Flad Daniels.
Reverend Daniels, the leading pastor of the Union Congegational United Church of Christ in Green Bay, is concerned about how the Reconciliation Act will affect people who want to do the same.
“These incentives and tax credits have really made it possible for our community to progress and to be able to take over this project. The investment would have been much longer if we had not had it incentives, and I fear that others will not accept such a project because they do not have the incentives,” said Reverend Daniels.
The House of Representatives passed the law on May 22nd. Now the law is on the way to the Senate. If the Senate passes it and President Trump signs it, the legislation could do the tax credits for clean energy that was in the law on the reduction in inflation of 2022.
Theresa Lehman is a director of sustainable services for Miron Construction. She says that the company is working on a number of projects that apply for the tax credits for inflation reduction act. If the invoice passes, a large part of your work could be affected.
“If these incentives are not available, the financial calculations that you have to provide your taxpayer do not work in your favor, and so the incentives really have an impact whether you make decisions for the installation of all these energy -efficient systems or technologies for renewable energies,” said Lehman.
Lehman said that she wants the legislators to speak to people who used the law on the reduction of inflation and tell them how the project's capital costs and the operating costs. The Senate is supposed to vote on the Reconciliation Act at some point this month.
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