76th Annual  Meeting
The U.S. Conference of Mayors
76th Annual Meeting
June 20-24, 2008
Miami

2008 ADOPTED RESOLUTIONS

TAX REFORM TO PROMOTE RENEWABLE ENERGY PRODUCTION, ENERGY EFFICIENCY AND GREEN FEDERAL TAX CODE

WHEREAS, the United States, as the world’s largest economy, must lead the way in responding to the global warming crisis; and

WHEREAS, the United States produces approximately 25% of the world’s greenhouse gas emissions but represents only about 4 percent of the world’s population; and

WHEREAS, the United Nation’s report on Climate Change calls for dramatic action on the part of the world’s governments to implement renewable energy production facilities and to adopt as soon as possible energy efficiency retrofits; and

WHEREAS, recent scientific measurements indicate that the polar ice caps and glaciers are melting faster than previous scientific modeling and forecasts predicted; and

WHEREAS, the nation’s metro economies represent 85.7% of the nation’s employment; 89.9% of the nation’s labor income; and 86.7% of the nation’s gross domestic product; and

WHEREAS, when compared to other nations, U.S. metros represent 42 of the world’s largest economies; and

WHEREAS, historically our national government has used the federal tax code to encourage investment and implementation of technologies that meet priority national needs,

NOW, THEREFORE, BE IT RESOLVED, that the U.S. Conference of Mayors supports the “greening” of our tax code by passing tax reform that provides preferences to technologies and investments that reduce the emission of dangerous greenhouse gases, while eliminating or reducing those tax preferences that result in such emissions; and

BE IT FURTHER RESOLVED, that the U.S. Conference of Mayors calls on Congress to adopt legislation that would increase production of renewable electricity by making permanent and expanding the renewable energy production tax credit, the solar energy and fuel cell investment tax credit, the residential energy-efficient property credit; in addition to authorizing new, clean, renewable energy bonds, public power providers and electric cooperatives; and

BE IT FURTHER RESOLVED, that Congress adopt legislation to promote the production of renewable fuels by creating a cellulosic alcohol production credit, and extending the biodiesel production tax credit and the alternative refueling stations tax credit; and

BE IT FURTHER RESOLVED, that Congress adopt legislation to reduce our dependence on foreign oil by establishing a plug-in hybrid vehicle credit; creating fringe benefits for bicycle commuters; and increasing the fringe benefits for public transit users; and

BE IT FURTHER RESOLVED, that Congress adopt legislation to create a new category of tax credit bonds for green community programs and initiatives, allocated to states and cities; extend and expand tax credits for energy-efficiency improvement for existing homes; extend and expand the deduction for existing building energy-efficiency improvements and for smart metering.