Latest Breaking News On - Advanced energy manufacturing tax credit - Page 1 : comparemela.com

The Office of Senator Debbie Stabenow WASHINGTON U.S. Senator Debbie Stabenow introduced her new bill to boost manufacturing by providing a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy parts or technologies. The American Jobs in Energy Manufacturing Act would incentivize manufacturers in Michigan to create jobs that draw on existing skilled workforces and reinvest in communities experiencing high unemployment. This is part of Senator Stabenow’s American Jobs Agenda. Last week, Senator Stabenow announced her Make It in America Act to strengthen the country’s Buy American laws. “Transitioning to a clean energy economy creates significant opportunities for Michigan to put people to work in good-paying jobs in industries that are key to combatting the climate crisis. Unfortunately, we have fallen behind countries like China, and the COVID-19 crisis has exposed gaps in our domestic manufacturing. The good news is, we can do some

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