The Great News is that the President’s 2014 Budget Proposes to Extend, Enhance §179D Energy Efficient Commercial Building Deduction

The President has called for a new Better Buildings Initiative that would reduce energy usage in commercial buildings by 20 percent over 10 years. This initiative would catalyze private sector investment to upgrade the efficiency of commercial buildings. Enhancing the current deduction for energy efficient commercial building property –which is primarily used by taxpayers constructing new buildings –and allowing a new deduction based on the energy savings performance of commercial building property installed in existing buildings would encourage private sector investments in energy efficiency improvements. See more …..President’s 2014 Budget Proposes to Extend, Enhance §179D Energy…