Bill promotes investment in commercial, multifamily retrofits

The Commercial Building Modernization Act recently introduced in the Senate would extend and streamline a current tax deduction to encourage commercial and multifamily residential building owners to perform comprehensive energy-efficient retrofits.

October 11, 2012

The Commercial Building Modernization Act recently introduced in the Senate would extend and streamline a current tax deduction to encourage commercial and multifamily residential building owners to perform comprehensive energy-efficient retrofits. If the bill passes, nearly 80,000 jobs in the construction and manufacturing industries and service-related fields could be created, sponsors say.

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