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Strickland renewable energy bills clear first hurdle

Legislation meant to help state economy become more energy-efficient

Posted: April 21, 2009 5:41 p.m.
Updated: April 21, 2009 5:44 p.m.
 
SACRAMENTO - Senate Bill 463, authored by State Senator Tony Strickland (R-Thousand Oaks) which would create a tax credit for the purchase and installation of renewable energy resources, passed the Senate Energy, Utilities and Communications Committee.

In addition, Senate Bill 542, Solar Energy & Energy Efficiency Programs, which Senator Strickland has joint-authored with Democratic Senator Pat Wiggins (D-Santa Rosa) passed the Senate Energy, Utilities and Communications Committee as well.

"I'm working with Democrats and Republicans to change California to a renewable energy economy to create jobs, reduce our dependence on foreign oil, improve the environment, and lower energy prices. By focusing on legislation that promotes renewable, clean energy, we promote local businesses. When businesses grow, jobs multiply," said Senator Tony Strickland.

Senate Bill 463, Renewable Energy Projects, would entitle a person to a one-time tax credit not to exceed $3,000, or equal to 30 percent of all costs for the purchase and installation of a renewable energy resource project.

Senate Bill 542 would add apartments, duplexes, and commercial rental properties into the California Solar Initiative and other energy efficiency programs to encourage the use of renewable energy.

"California is squeezed between an economic crisis and an energy crisis that requires us to fundamentally rethink how we do business. We need to offer tax credits and incentives for individuals and businesses that transition to renewable, clean energy. Senate Bills 463 and 542 will take us into the 21st century, and will help California become more energy-efficient," said Senator Strickland.

Senate Bill 463 will now go to the revenue and taxation committee. Senate Bill 542 will go on to appropriations committee.

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