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Stimulus 'flaw' could wind up hurting AGC

Post Time:Mar 16,2009Classify:Industry NewsView:203

A few words included in one paragraph of the federal government’s massive stimulus package could spell lost business for AGC Flat Glass — unless Northeast Tennessee’s congressman is successful in his bid to amend the law.

U.S. Rep. Phil Roe, R-1st District, plans to introduce a bill that would strike a paragraph from the tax credit section of the stimulus plan.

The stimulus legislation gives homeowners making energy-efficient improvements a tax credit of 30 percent of the cost of the project, up to a total of $1,500, according to a March 14 times.news.net report.

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Source: http://www.glassmagazine.com/news-item/commercial/stimulus-flaw-could-wind-hurting-agcAuthor:

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