A bipartisan push is under way in Congress to extend through this year certain tax credits that promote the adoption of alternatively powered vehicles.
WASHINGTON – The U.S. House of Representatives Committee on Science, Space, and Technology approved a bill that requires the EPA to further study gasoline blends with 15% ethanol (E15) before approving it for consumer use.
The worst mileage is 0 miles per gallon, which occurs when idling. Reducing unnecessary idling is the easiest way for a truck fleet to reduce fuel costs. Now you can get tax exemptions when acquiring idle reduction technologies.
Last year, the U.S. Congress granted an exemption from the 12-percent federal excise tax for truck idle reduction systems. Recently, the Environmental Protection Agency (EPA) released a list of approved idle reduction systems eligible for the federal excise tax exemption. The exemption applies to sales and installation of these systems since Oct. 4, 2008.
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