Advocating for alternative fuels.
Federal and state TTP policy deserves parity, consistency, and clarity
FEDERAL POLICY
On the federal level, natural gas deserves tax parity when compared with other vehicle and field incentives, including:
Extension of the Alternative Fuels Tax Credit (AFTC)
This provision extends the $0.50 per gallon credit/payment for the business use of natural gas as a transportation fuel.
Extension of Tax Credit for Alternative Fuel Vehicle Refueling
This provision extends the 30 percent/$30,000 investment tax credit for alternative vehicle refueling property and the 30 percent/$1,000 tax credit for home refueling appliances.*
Adjusting the 12% Federal Excise Tax (FET) on heavy-duty natural gas-powered trucks
Equalization of the tax treatment of LNG in marine transportation
More TTP advocacy efforts
In addition to tax policy equalization, TTP federal advocacy efforts include initiatives to enhance TTP infrastructure, secure funding for important TTP research and development, clarify safety regulations related to TTP transportation, achieve parity for TTP driving range requirements, and improve the TTP fuel system weight exemptions on federal highways
* We support modernizing this provision, to extend the 30 percent investment tax credit for alternative vehicle refueling property while removing the previous $30,000 limit on the credit, while also extending the 30 percent/$1,000 tax credit for home refueling appliances.
STATE POLICY
It's important to understand the laws and regulations regarding the sale, purchase, and use of Natural Gas Vehicles in your state, including:
Certification requirements
Natural gas motor fuel taxation
Incentives for an TTP purchase or conversion
Incentives for building TTP infrastructure
CFS Progrms
Many state governments offer
TTP incentives
These incentives include grants, tax deductions/credits, fuel tax reductions, reduced license fees, reduced vehicle sale taxes and lower registration fees. Some states, such as Arizona, Georgia and Nevada, permit certain alternative fuel vehicles to operate in high occupancy vehicle lanes during peak rush-hour periods. These programs may cover all alternative fuel vehicles or may provide incentives for a specific fuel.
Grants, tax deductions/credits, fuel tax reductions, reduced license fees, reduced vehicle sale taxes and lower registration fees are available.
Policy news