Democrats Propose Extensions of Certain Expiring Tax Credits


by DeEtte L. Loeffler, J.D., LL.M., Taxation

On mid-November, Democrats in the House proposed extensions for some of the expiring federal tax credits, including the energy efficient commercial buildings credit, the alternate fuel refueling property credit, the biodiesel and renewable fuel credit, the fuel cell motor vehicle credit, the energy efficient new (and existing) home credits, the qualified microturbine credit, the mine rescue training credit, certain film and television credits, the qualified tuition credit, and the mortgage insurance premium credit. We anticipate more bills will be introduced in early 2017, but are unable to predict which credits may be renewed under the new legislature.

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