Energy-Star Tax Credit Would Be Included in Tax Bill

The Manufactured Housing Institute (MHI) reports that on November 18, Senate Majority Leader Harry Reid (D-NV) indicated that the Senate could potentially bring up measures to extend the 2001 and 2003 tax cuts when congress returns from Thanksgiving recess the week of November 29. Included in these measures would be an extension of the 45L tax credit that provides a $1,000 credit to manufacturers of Energy Star-qualified manufactured homes and $2,000 to producers of modular homes. The credit expired at the end of 2009. Reid stated that he would like the Senate to vote on extending tax cuts for families earning less than $250,000 and then schedule a second vote on a Republican alternative to permanently extend all the tax cuts.

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