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Wind Power Tax Credit ‘Dead’ in Congress This Year

A federal tax credit that benefits wind power projects is dead in Congress this year as Republicans seek a broader tax overhaul, Representative Charles Boustany said.

“Maybe there will be some in the Senate who will try to revive it but I really do think it’s dead in the House,” Boustany, a Louisiana Republican and member of the House Ways and Means Committee, said in an interview today in New York. While the credit might be revived as part of lame-duck legislation after the November elections, that seems unlikely, he said.