Here’s the email:
Thank you for contacting me regarding the Section 1603 Treasury Grant Program. As always, I value your input, and strive to keep you updated on the important issues facing us today.
As you may know, Section 1603 of the American Recovery and Reinvestment Act [P.L. 111-5] established the Treasury Grant Program, which aims to spur development in the alternative energy field by providing grants to energy developers. This program allows clean energy developers to apply for government funding of up to 30% of the total operating cost of their projects. To date, over $5 billion has been allocated through this program to support ventures focused on clean energy such as wind and solar projects. On December 17, 2009, Senator Dianne Feinstein (D-CA) introduced the Renewable Energy Incentive Act (S. 2899), which would extend the Section 1603 Treasury Grant Program for two years. This legislation is currently under review by the Senate Committee on Finance, of which I am not a member.
I understand your support for the Section 1603 Treasury Grant Program. Like you, I believe it is critical for the United States to continue taking steps to transition to cleaner energy, and I support the development of viable, clean energy sources including wind, solar, hydroelectric, safe nuclear, and geothermal. These technologies should be harnessed not only for the environmental benefits they would bring, but also for the jobs they could create. Should an extension of the 1603 Grant Program come before the full Senate, it will most likely be part of a larger package of various tax provisions that are due to expire at the end of the year. As the legislative process moves forward, I will keep your thoughts in mind.
Again, thank you for sharing your views with me. Should you have any additional questions or comments, please feel free to contact me or visit my website at www.scottbrown.senate.gov.
Scott P. Brown
United States Senator