Good News! Clean Transportation Industry Wins Big in Final FY 2020 Spending Bill

December 23, 2019

The bill extends key alternative fuel tax incentives that have been expired since the end of 2017. Specifically, it extends:

 

  • the $1.00-per-gallon tax credit for biodiesel and biodiesel mixtures, and the small agri-biodiesel producer credit of 10 cents per gallon, retroactively for 2018 and 2019 and prospectively through 2022;
  • the alternative fuel excise credit retroactively for 2018 and 2019 and through 2020;
  • the alternative fuel infrastructure credit retroactively for 2018 and 2019 and through 2020; and
  • the credit for qualified fuel cell vehicles retroactively for 2018 and 2019 and through 2020.

The bill also:

  • includes $40 million for the DOE Clean Cities program – a nearly $3 million increase over last year;
  • includes $87 million for the EPA Diesel Emission Reduction grants; and
  • requires the Federal Highway Administration to approve all clean vehicle projects submitted prior to April 17, 2018, using the previous criteria (final assembly in the United States) and it directs the agency to review and respond to Buy America waiver requests within 60 days of submission.

NOW needed, more importantly than ever, is your attendance at the Energy Independence Summit 2020 in Washington, DC. Let's continue the momentum! See how you can join us in DC in February. Go to: www.http://tep.sre.events/

 

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