Alexander Offers Amendment To Stop Farm Bill From Allowing Rich Developers To Double Dip

Tuesday, June 19, 2012

U.S. Senator Lamar Alexander Tuesday urged his colleagues to vote for his amendment to S. 3240, the farm bill, that would prevent wind developers from benefiting from both an energy tax credit and new loans or loan guarantees provided in the bill, saying, “Vote yes if you don’t like double-dipping into the federal treasury.”

He released the following statement on the amendment:  

“The farm bill the Senate is debating provides new loans, new loan guarantees for wind turbines – on top of the $14 billion in federal tax dollars we’ll spend over the next five years for them – $6 billion through the production tax credit and the other $8 billion through the Section 603 grants. My amendment to the farm bill simply says: no double dipping – if you take advantage of the wind-production tax credit to build windmills, which I oppose, you can't also take advantage of the subsidy through the farm bill.”

Right before the Senate voted on his amendment, Sen. Alexander said on the Senate floor, “If my colleagues think it is a good idea to give rich developers of wind turbines a double dip into the federal treasury at a time when we're borrowing 40 cents of every dollar, then this provision in the farm bill is for you.”

The amendment was defeated 33 to 66.

American Red Cross Of Georgia Hires Executive Director For Northwest Georgia

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The Red Cross of Georgia has named Leigh Brock-Barba as executive director for the American Red Cross of Northwest Georgia. Ms. Brock-Barba will lead a team of staff and volunteers in providing ... (click for more)

The current Board of Judicial Conduct will sunset on June 30 and a new board will take its place on July 1, per Tennessee Public Chapter 496, passed by the Legislature and signed by Governor ... (click for more)

UNIPOWER, a provider of AC and DC power systems for mission critical industrial and commercial applications, today named Shawn Kilmartin of Bryant, Al. as manager of its Dunlap, Tennessee plant. ... (click for more)


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