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NEPPA

Senate Extenders Package Fails Again; Bipartisan Group Meets on “Possible” Compromise

On July 30, by a largely party-line vote of 51-43, the Senate again failed to advance a package of renewable energy tax-credit extensions, and other tax extenders (S. 3335, the Jobs, Energy, Families, and Disaster Relief Act).  Sixty votes were needed on a procedural motion ("cloture") to consider the merits of the bill.  Congress adjourned two days later, August 1, for its month-long August recess.

The Senate has tried unsuccessfully about half a dozen times to move an energy tax extenders package thought the Senate, despite repeated efforts to modify the bill to pick up the requisite votes.  The only Republicans to vote with Democrats on this latest version were Sens. Olympia Snowe (ME), Susan Collins (ME), Gordon Smith (OR), Elizabeth Dole (NC), and Norm Coleman (MN).  To date, most Republicans have opposed "offsets" to pay for the extensions being included in S. 3335 and other versions of the bill.  Moreover, the White House issued a Statement of Administration Policy (SAP) on S. 3335, stating that Administration staff would recommend the President veto the bill in its current form.

Of interest to NEPPA, included in the $135 billion bill were a number of renewable and energy efficiency tax incentives, including $2 billion in additional Clean Renewable Energy Bonds (CREBS) authority and technical fixes to the program, among other things. 

Following the failed vote, just before adjournment, small bipartisan groups in both the House and Senate unveiled "compromise" measures in the hopes the stalemate can be broken and energy legislation passed when Members return in September.  Sens. Kent Conrad (D-ND) and Saxby Chambliss (R-GA) are leading the effort in the Senate, and in the House, the effort is spearheaded by Reps. Neil Abercrombie (D-HI) and John Peterson (R-PA).

 

Published Tuesday, August 05, 2008 3:38 PM by Staff

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