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Finally, More Renewable Energy Tax Credit Provisions

Law360 (October 7, 2008, 12:00 AM EDT) -- On Oct. 3, 2008, President Bush signed into law, the “Emergency Economic Stabilization Act of 2008” (the “Act”).

The energy tax provisions are contained in Division B of the Act (the “Energy Improvement and Extension Act of 2008”) and include extensions, expansions and modifications of various energy tax credit provisions, including the production tax credits and investment tax credits for certain renewable energy projects.

The Act provides much-needed extensions of a number of tax credit provisions and includes a number of important modifications. These extensions and...
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