Bennet, Congress Pass Year-End Bill with Colorado Priorities

Bill Funds Government through September, Extends Crucial Tax Provisions

Colorado U.S. Senator Michael Bennet today helped pass a year-end bill to fund the government and extend tax provisions crucial to Colorado's economy. The bill includes numerous Colorado priorities Bennet helped secure in the bill.

Bennet Improvements to Teacher Tax Deduction Included in Tax Extenders

Bill Permanently Extends Deduction, Indexed to Inflation, Covers Professional Development

Colorado U.S. Senator Michael Bennet secured improvements to the teacher tax deduction in a bill to fund the government and extend several tax provisions. The improvements stem from an amendment Bennet introduced and passed in the Senate Finance Committee earlier this year.

Bennet Secures Extensions of Wind PTC, Solar ITC

Renewable Energy Credits Extended for Five Years in Year-End Bill

Colorado U.S. Senator Michael Bennet secured extensions for the wind production tax credit (PTC) and the solar investment tax credit (ITC) in a bill Congress is considering to fund the government and extend several tax-related provisions. The long-term extensions finally give certainty to renewable energy manufacturers and producers in Colorado and around the country.
Colorado U.S. Senator Michael Bennet joined U.S. Senators Ben Cardin, Chuck Schumer, Richard Blumenthal, Chris Coons, Gary Peters, Ron Wyden, Jeanne Shaheen, Debbie Stabenow, Heidi Heitkamp, Tim Kaine, Bill Nelson, Ed Markey, Kirsten Gillibrand, Bob Casey, Mark Warner, Cory Booker, Maria Cantwell, Martin Heinrich, Barbara Mikulski, and Jeff Merkley in expressing profound concern in a letter to President Obama regarding a second ballistic missile test conducted by Iran on November 21st.
Colorado U.S. Senator Michael Bennet secured funding for both the Land and Water Conservation Fund (LWCF) and for the Payment in Lieu of Taxes (PILT) program - both of which are top Colorado priorities - in a bill to fund the government for the remainder of fiscal year 2016.

Bennet Calls for Social Media Background Checks in Visa Screening Process

Urges DHS to Immediately Require Social Media Checks for All U.S. Visa Applicants

Colorado U.S. Senator Michael Bennet today joined 21 other senators in calling for the Department of Homeland Security to immediately require social media background checks as part of the screening process for all foreigners seeking an American visa. In a letter to Homeland Security Secretary Jeh Johnson, the senators also requested more information from the agency on the existing screening process, such as if the agency faces any resource barriers to implementing these background checks, to ensure the process is as rigorous and comprehensive as possible.
U.S. Senators Michael Bennet (D-CO) and Bill Cassidy, M.D. (R-LA) introduced the Waterway LNG Parity Act of 2015. This bipartisan bill would ensure that excise taxes on liquefied natural gas (LNG) for marine transportation on the inland waterways are levied at a rate consistent with their energy output relative to diesel and gasoline, respectively. LNG is a cheaper, cleaner, domestic energy source and the current financing mechanism for the inland waterways system puts its use at a disadvantage. This legislation would change the inland waterways financing rate to provide equal treatment within the federal tax code.