Congress Passes Solar Tax Credit Extension

Posted 12/31/20

On Monday, December 21st, Congress passed a bill that includes $35 billion for energy research and development and a two-year extension of the 26% Federal Investment Tax Credit for solar projects. These funds are part of the $1.4 trillion federal spending and tax extension package negotiated by congressional leaders, which is in addition to a $900 billion relief package for Americans, businesses and for Coronavirus vaccine distribution. President Trump signed the bill late Sunday night.

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