179D UPDATE: Expiring Provisions Improvement Reform & Efficiency Act

Recently, the Senate was not able to find a bipartisan basis for passing needed tax-extender legislation, including a two-year extension of the Energy Efficient Commercial Buildings Tax Deduction (also known as Section 179D) as part of the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act (S 2260).

Previously passed on a bipartisan vote by the Senate Finance Committee, the legislation would have extended 55 tax provisions that expired at the end of 2013. The vote was 53 to 40 (60 votes were needed).

179F was previously introduced to enhance 179D in the areas the following areas:

  • Having sliding scale benefit based on actual and/or modeled performance
  • Having ability to be used by Non Profits/REITs
  • Increasing deductions

Based on our relationships, we feel that 179D will get extended in its current form for 2 years sometime this year. 179F will continue to be debated amongst Senate and Lobbyist


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