BIPARTISAN BIOMASS HEATING BILL INTRODUCED

AmericanChronicle.com
Congressional Desk
April 01, 2010

Crapo co-sponsors measure aiding forest products industry

Washington, D.C. – Idaho Senator Mike Crapo has joined three of his Senate colleagues to introduce the American Renewable Biomass Heating Act, bipartisan legislation that could aid Idaho´s forest products industry while promoting renewable heating fuels. The legislation puts the use of woody renewable biomass on par with other renewable energy sources by offering substantial tax credits for the use of biomass from forests and private lands. It provides an investment tax credit (ITC) of 30 percent of the cost of installing high-efficiency biomass systems for heating in commercial and industrial buildings.

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