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    Jan
    03

    RESNET has achieved its number one legislative priority when Congress extended the $2,000 tax credit for builders who build energy efficient homes by a bipartisan vote (89-8 in the Senate and 257-167 in the House).

     

    The extension was part of the compromise legislation aimed at averting the fiscal cliff. The legislation extends the credit from January 1, 2012 through December 31, 2013 and retroactively to January 1, 2012. The credit had previously expired on December 31, 2011.

     

    The legislation also extended the tax credit for homeowners to purchase qualified products to improve the energy efficiency of their existing homes.

     

    This is a significant achievement considering the political stalemate that has existed in Washington. It also demonstrates that there is wide bipartisan policy support for high performance homes. Click here to get the full story from RESNET.

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