The House Ways and Means Committee will hold a hearing on April 26 to discuss proposals to extend certain tax provisions that either expired in 2011 or will expire this year – including the production tax credit (PTC) for wind energy.
The hearing will provide members of Congress the opportunity to speak on behalf of specific tax proposals they have introduced or co-sponsored in the 112th Congress related to the extension, modification or termination of one or more tax extenders. The hearing will evaluate how these proposals would measure against key metrics such as cost, effectiveness and job creation.
"As Chairman Camp and I stated last month, the Ways and Means Committee is engaged in a process to review dozens of tax provisions that either expired last year or expire this year," Chairman Pat Tiberi, R-Ohio, said in a statement announcing the hearing. "This hearing provides a formal opportunity for the subcommittee to hear from our House colleagues about the merits of extending – or not extending – many of these tax policies."