SJM 8028 - DIGEST

Urges the United States Congress to: (1) Acknowledge the value of the REPI and PTC programs to the continued development and commercialization of renewable technologies and markets;

(2) Approve, at a minimum, the retroactive ten-year extension of the REPI program and three-year extension of the PTC program that are included in the proposed conference report of the Energy Policy Act of 2003;

(3) Expand the eligible resources for the REPI program to include landfill gas and extend the benefits to additional public utilities and tribes;

(4) Expand the eligible resources for the PTC program to include geothermal, solar, animal waste as a biomass feedstock, and incremental additions to hydropower output;

(5) Authorize tradable tax credits for renewable energy; and

(6) Act on this issue immediately, regardless of whether or when the comprehensive energy legislation will be taken up for consideration.