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Thelma Drake on Energy & Oil

Republican Representative (VA-2)


Voted NO on tax credits for renewable electricity, with PAYGO offsets.

Congressional Summary:Extends the tax credit for producing electricity from renewable resources:

Proponent's argument to vote Yes: Rep. RICHARD NEAL (D, MA-2): This bill contains extensions of popular tax incentives that expired at the end of last year. This needs to get under way. The R&D tax credit is important. This bill includes a number of popular and forward-thinking incentives for energy efficiency. This is a very balanced bill which does no harm to the Federal Treasury. It asks that hedge fund managers pay a bit more, and it delays an international tax break that hasn't gone into effect yet. It is responsible legislation.

Opponent's argument to vote No:Rep. DAVE CAMP (R, MI-4): We are conducting another purely political exercise on a tax bill that is doomed in the other body because of our House majority's insistence on adhering to the misguided PAYGO rules. The Senate acted on a bipartisan basis to find common ground on this issue. They approved a comprehensive tax relief package containing extenders provisions that are not fully offset, as many Democrats would prefer, but contain more offsets than Republicans would like. Why is this our only option? Because the Senate, which has labored long and hard to develop that compromise, has indicated in no uncertain terms that it is not going to reconsider these issues again this year.

[The bill was killed in the Senate].

Reference: Renewable Energy and Job Creation Tax Act; Bill H.R.7060 ; vote number 2008-H649 on Sep 26, 2008

Voted NO on tax incentives for energy production and conservation.

OnTheIssues.org Explanation: This bill passed the House but was killed in the Senate on a rejected Cloture Motion, Senate rollcall #150

Congressional Summary: A bill to amend the Internal Revenue Code of 1986 to provide Tax incentives for energy production and conservation, to extend certain expiring provisions, and to provide individual income tax relief.