Bipartisan effort aims to extend alt-fuel tax credits

摘要

A bipartisan push is under way on Capitol Hill to extend through this year certain tax credits that promote the adoption of alternatively powered vehicles. These include an excise tax credit of $0.50 per gallon on alternative fuels; a tax credit of $1 per gallon on biodiesel and renewable diesel; a credit for purchasing new, qualified fuel-cell motor vehicles; and a credit for installing alternative fuel vehicle-refueling property.