Technology

Stevens Votes in Support of Housing Relief Package with Amendment Promoting Renewable Energy Development

WASHINGTON, D.C. – The U.S. Senate passed housing stimulus legislation (H.R. 3221) designed to provide tax breaks to certain underperforming companies and for purchasing foreclosed homes. The Foreclosure Prevention Act includes a provision co-sponsored by Senator Ted Stevens (R-Alaska) and Senator Lisa Murkowski (R-Alaska) that extends tax incentives to encourage the production of renewable energy.