Solar America Well Positioned as Mississippi State Solar Tax Credits Receive Strong Support
GULFPORT, Miss.--(BUSINESS WIRE)-- Solar America Corp. (OTCQB: SOLX) is pleased to announce that the Mississippi State House of Representatives has overwhelming passed a generous package of Renewable Energy tax credits offering residential and commercial customers tax credits as high as 80% when combined with current Federal incentives. The Mississippi State House of Representatives passed HB 1591 on Tuesday February 26 by a margin of 116 to 3.
"We are very pleased to see such strong support and forward thinking from the Mississippi State Legislature. Passage of the solar tax credit bill is an exciting step towards making Mississippi the most vibrant solar market in the country," said Robert Bludorn, CEO of Solar America Corp. "We have every reason to believe that HB 1591 will receive the same level of enthusiastic support from the Mississippi Senate as well as the office of Governor Phil Bryant."
The content of HB 1591, as approved by the House of Representatives, can be found at: http://billstatus.ls.state.ms.us/2013/pdf/history/HB/HB1591.xml
About Solar America Corporation
Solar America Corporation intends to commercialize and distribute innovative solar energy products and solutions. Solar America intends to capitalize on its position in the alternative energy sector to develop cutting-edge solar technologies. Solar America common stock is traded on the OTCQB under the symbol SOLX. For more information please visit www.solaramericacorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Solar America Corporation
Robert Bludorn, 337-214-0097
KEYWORDS: United States North America Mississippi
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