Senators Boozman, Carper and Pryor Co-Sponsor S. 2143

For Immediate Release–

Members of the Paper Recycling Coalition (PRC) applaud Senators Boozman (R-AR), Carper (D-DE), and Pryor (D-AR) for recognizing the importance of paper recycling by cosponsoring S. 2143, introduced by Senator Stabenow (D-MI) on February 29, 2012.

Senate Bill 2143 would amend the Internal Revenue Code of 1986 to clarify that paper which is commonly recycled does not constitute a qualified energy resource under the municipal solid waste definition of the Section 45 production tax credit for renewable electricity production. S. 2143 would align the open and closed loop definitions of biomass to ensure that commonly recycled paper is not given a tax credit when it is used as an energy feedstock. This will assure that the government doesn’t inadvertently encourage the burning of recyclable paper on which an entire industry, with hundreds of thousands of jobs in the U.S., are reliant upon as the raw material for their products.

You can find a copy of the bill here.

For more information, contact Terese Colling or Fran McPoland.