Casten Leads Bipartisan Effort to Improve Investment Tax Credit for Geothermal Heat Pumps
October 22, 2024
October 22, 2024
WASHINGTON, Oct. 22 -- Rep. Sean Casten, D-Illinois, issued the following news release:
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U.S. Congressman Sean Casten (IL06) led a bipartisan group of lawmakers in urging Treasury Secretary Janet Yellen to revise the proposed rule for an investment tax credit (ITC) to ensure Americans can benefit from the energy and cost savings provided by geothermal heat pump (GHP) technology.
"The NPRM [Notice of Proposed Rulemaking] prevents multiple taxpayer . . .
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U.S. Congressman Sean Casten (IL06) led a bipartisan group of lawmakers in urging Treasury Secretary Janet Yellen to revise the proposed rule for an investment tax credit (ITC) to ensure Americans can benefit from the energy and cost savings provided by geothermal heat pump (GHP) technology.
"The NPRM [Notice of Proposed Rulemaking] prevents multiple taxpayer . . .