Congress Extends $2,000 Tax Credit for Green Home Builders

RESNET has achieved its number one legislative priority January 1st 2013, when Congress extended the $2,000 tax credit for builders who build energy efficient homes by a bipartisan vote 89-8 in the Senate and 257-167 in the House.

The extension was part of the compromise legislation aimed at averting the fiscal cliff.  The legislation extends the credit through December 31, 2013 and retroactively to January 1, 2012.

This is a significant achievement considering the political stalemate that has existed in Washington.  It also demonstrates that there is wide bipartisan policy support for high performance homes.  MOKULUA wants to express our deap appreciation to RESNET’s Washington team, RESNET’s strategic allies and Jim Petersen of the Pulte Group for their hard and effective work on this issue.

President Obama just announced that he would sign this legislation!