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It’s Back...Alternative Fuel Excise Tax Credit
NPGA APPLAUDS CONGRESSIONAL PASSAGE OF
PROPANE ALTERNATIVE FUEL TAX CREDITS
AND R&D APPROPRIATIONS
ongress passed year-end legislation that adoption of propane as an
H R 1865 which supports small businesses and engine fuel These propane-
will provide the energy consumers across the powered vehicle credits are
C propane industry country worth more than $500 million,
with prospective tax certainty “When Congress and the putting more clean vehicles
as well as valuable research private sector work together, on the road and money back
and development funding America wins,” Kaminski said in the pockets of consumers
National Propane Gas “This legislation will motivate The Senate also passed
Association (NPGA) President consumers to make smart, H R 1865 and President Trump
and CEO Stephen Kaminski green energy decisions, drive signed it into law
applauds the work of the development of modern For the first time since
Congress on passing critical technology using resilient 2015, Congress has extended
energy these credits prospectively—
A winning combination... sources such through December 31, 2020
The all in one regulator as propane, “Congress is sending a clear
with integrated dielectric union and promote message to the country that
the growth it recognizes propane as a
of small clean and green fuel of the
businesses ” future,” said Kaminski NPGA
H.R. 1865 thanks Representative John
includes an Larson (D-CT) and Senator
extension Richard Burr (R-NC) for their
of the bipartisan and bicameral
alternative leadership to advance these
fuel tax essential policy initiatives
credit and In the near future, NPGA
X-Riser flexible riser system for plastic pipe
the refueling will provide guidance to the
property industry from the U S Internal
Reusable
X-Riser credit, Revenue Service on how to
covering claim the credit retroactively
Meets or exceeds NFPA58 requirements. the years and for 2020
2018-2020. Recognizing the
These credits advantages of propane
bergquistinc.com | 800.488.9504 incentivize as an independent energy
Your questions answered by the people who know propane equipment. the use and source with wide-ranging
14 Alabama Propane Gas Association | January / February 2020
