WASHINGTON, Sept. 23 -- Sen. Martin Heinrich issued the following news release:
The bill creates an investment tax credit to boost construction of significant transmission projects across the nation, could create 1 million jobs & help cut electricity costs by 0ver $27 billion annually
WASHINGTON - Today, U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the U.S. Senate Energy and Natural Resources Committee, introduced the Grid Resiliency Tax Credit Act, legislation to incentivize the construction of new electric transmission infrastructure to help meet growing electricity demand, strengthen the grid, and lower costs for customers.
The Grid Resiliency Tax Credit Act will provide a targeted 30% investment tax credit (ITC) to suppor...