
The U.S. House of Representatives recently passed a highway and transportation bill that included a provision that would change how certain alternative fuels are taxed in relation to conventional fuels.
The U.S. House of Representatives recently passed a highway and transportation bill that included a provision that would change how certain alternative fuels are taxed in relation to conventional fuels.
Rep. Bill Shuster, chairman of the House Transportation and Infrastructure Committee, said that one of his 2015 priorities will be a highway bill – but he does not expect it to be funded by a fuel tax increase, the AP reported.
At the start of 2015, the state will begin taxing compressed natural gas (CNG) and liquified natural gas (LNG) based on a per-pound rather than per-foot rate.
A bill circulating in California's legislature would lead to higher taxes against drivers of battery-electric vehicles and hybrid vehicles because it would replace the state's gas tax with a "road usage charge" that levies taxes by miles driven.
Sales of compressed natural gas (CNG) and liquified natural gas (LNG) are surging in Texas, as measured by sharp increases in tax revenue from the alternative fuels, according to the state Comptroller's office.
Florida’s House of Representatives passed HB 579, which promotes the use of natural gas fuels in Florida, with a 116 – 2 vote on May 2, 2013. The bill provides a mix of incentives and tax breaks for commercial fleet use of natural gas vehicles and fuel.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (H.R. 4853) was signed into law by President Obama on Dec. 17, 2010. The legislation includes an extension of the Small Business Jobs and Credit Act of 2010's "bonus depreciation" allowance through the end of 2011, and increases that amount from 50 percent to100 percent. Here's what it means to fleets.
The legislation extends through 2011 the 45 cent a gallon ethanol tax credit and a 54-cent tariff on imported ethanol.
Congress declined to include the credit as part of the $858 billion tax bill approved by the Senate on an 81-19 vote Wednesday. A House vote, without the green-car tax provision, is expected today.
SANTA ROSA, CA - The Internal Revenue Service has determined that the ZAPTRUCK XL and ZAPVAN Shuttle qualify for a 10-percent tax credit up to a maximum of $2,500, if the vehicle is purchased after Feb. 17, 2009 and before Jan. 1, 2012.
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