Stephen Ursery, Editor, Waste Age Magazine

July 1, 2005

1 Min Read
Senate OKs Energy Bill

In late June, the U.S. Senate passed its energy bill (S-10) by a vote of 85 to 12. The bill contains a three-year extension of the “placed in service” window for Section 45 production tax credits for landfill gas and waste-to-energy facilities. The credits currently apply to facilities that are placed in service between Oct. 23, 2004, and Dec. 31, 2005.

The bill also would allow companies to claim up to 15 percent of the cost for equipment used to process recyclable materials as a tax credit. Before passage, the provision was amended to include equipment that processes electronic waste such as cathode ray tubes, flat panel screens and video displays larger than four inches diagonally.

Neither the Section 45 extension nor the equipment tax credit was included in the House energy bill. Members of the House and Senate will now meet in conference committee to reconcile the bills.

About the Author(s)

Stephen Ursery

Editor, Waste Age Magazine, Waste360

Stephen Ursery is the editor of Waste Age magazine. During his time as editor, Waste Age has won more than 20 national and regional awards. He has worked for Penton Media since August 1999. Before joining Waste Age as the magazine's managing editor, he was an associate editor for American City & County and for National Real Estate Investor.

Prior to joining Penton, Stephen worked as a reporter for The Marietta Daily Journal and The Fulton County Daily Report, both of which are located in metro Atlanta.

Stephen earned a BA in History from Rhodes College in Memphis, Tenn.

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