House Bill Would Phase Out .30/.30 Standard
The Window and Door Manufacturers Association is applauding passage of legislation in the House last week that would replace the .30/.30 standard to qualify for a $1,500 tax credit with the 2010 Energy Star criteria for windows, doors and skylights. The legislation was included as part of the tax extenders bill, which passed by a vote of 215 to 206, and must now go back to the Senate for final approval.
"This is great news for the industry and the many consumers who will have not only more options for energy-efficient fenestration products, but also be able to choose the ones that are most appropriate for their region of the country," says Michael O'Brien, WDMA president. "We would also like thank Rep. John Yarmuth (D-KY), the original sponsor of the legislation, for his tireless efforts to enact this change."
This legislation, if signed into law, would apply to purchases for the remainder of 2010. In addition, there would be a three-month phase in where both products would qualify, WDMA reports.