 |
|
|
| |
| 
|
| |
AIA Calls on Congress to extend expiring tax Incentives for Energy Efficiency
|
| |
|
For Immediate Release |
|
|
|
| |
Washington, D.C., September 29,
2008 — With Congress poised to leave Washington for the year having
failed to extend vital tax incentives for energy efficiency, the
American Institute of Architects (AIA) urges Congressional
leadership to pass legislation that will ensure that these federal
efficiency incentives remain in place for years to come. In
particular, the AIA strongly encourages Congress to pass a long
term-extension of the energy efficient commercial buildings tax
deduction, a critical federal tax incentive for energy efficient
commercial design and construction.
Learn more about this deduction here: http://www.aia.org/adv_commercialbuilding_taxdeduction
“In order to help get America’s economy back on track,
Congress must pursue policies to help invigorate the building
sector” said AIA Executive Vice President/CEO Christine
McEntee. “Failing to extend these incentives will have lasting
detrimental consequences that will not only hurt the design and
construction industry, but our economy as a whole.”
Extending tax incentives for commercial construction will provide
an immediate stimulus to the design and construction industry. The
design and construction industry accounts for nearly one in ten
dollars of United States GDP, creates millions of jobs and supports
millions of small businesses.
“Currently, many developers are reluctant to pursue new
commercial projects because of uncertainty over whether federal tax
incentives will remain in place beyond this year,” said Paul
Mendelsohn, AIA vice president, Government and Community Relations.
“Ensuring that the commercial buildings tax deduction remains
in place for years to come will remove this worry, help provide a
much needed jolt to the economy and address critical environmental
concerns.”
About The American Institute of
Architects
For over 150 years, members of the American Institute of Architects
have worked with each other and their communities to create more
valuable, healthy, secure, and sustainable buildings and
cityscapes. By using sustainable design practices, materials, and
techniques, AIA architects are uniquely poised to provide the
leadership and guidance needed to provide solutions to address
climate change. AIA architects walk the walk on sustainable design.
Visit www.aia.org/walkthewalk.
|
|
|
|
|
