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Tax Incentive

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December 18, 2015 - Industry News

U.S. Congress Passes Natural Gas Tax Credit Legislation

Photo via Wikimedia.

The Protecting Americans from Tax Hikes Act of 2015 will extend federal tax credits for alternative fuels that expired in 2014 and make some subsidies permanent.

Tags: Legislation, NGVAmerica, Clean Energy Fuels, LNG, CNG, U.S. Congress, Tax Incentive

December 4, 2014 - Industry News

U.S. House Extends Alternative-Fuel Tax Credits

The U.S. House of Representatives voted to approve the Tax Increase Prevention Act of 2014, which includes an amendment extending the federal 50-cent per gallon alternative fuels excise tax credits through the remainder of 2014, even though the credits had previously expired at the end of 2013.

Tags: Tax Incentive, U.S. Congress, Alternative Fuels, Legislation

January 3, 2014 - Industry News

Congress Allows Biodiesel Tax Incentive to Lapse Again

Congress has allowed a biodiesel tax incentive to lapse at year’s end. The $1-per-gallon biodiesel tax incentive expired on Dec. 31. The biodiesel incentive also expired in 2010 and 2012.

Tags: Biodiesel, National Biodiesel Board, EPA, Tax Incentive

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