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–entirely or in part–when congress returns from Thanksgiving recess the week of November 29.
Reid stated that he would like the Senate to vote on extending tax cuts for families earning under $250,000 and then schedule a second vote on a Republican alternative to permanently extend all the tax cuts.
Included in these measures would be an extension of the 45L tax credit that provides a $1,000 to manufacturers of Energy Star-qualified manufactured homes and $2,000 to producers of modular homes. The credit expired at the end of 2009.
To provide Congress with ample time to complete work on tax and spending measures, Congress could potentially be in session for an additional three weeks after the Thanksgiving Recess.
For more information, contact MHI Vice President of Government Relations Jason Boehlert at 703-558-0660 or firstname.lastname@example.org.