In an October 2 hearing, the House Oversight and Government Reform Subcommittee on Energy Policy, Health Care, and Entitlements examined the wind energy production tax credit, set to expire on December 31. Chairman James Lankford (R-OK) cited a Joint Committee on Taxation report he requested, which found that a five year extension of the credit would cost $18.5 billion. American Wind Energy Association Senior Vice President of Public Policy Rob Gramlich advocated for a six year phase-out while Steyer-Taylor Center for Energy Policy and Finance Executive Director Dan Reicher proposed an eventual phase-out of the credit coupled with an extension of master limited partnerships and real estate investment trusts to renewable energy.