Remove tag Bill
article thumbnail

Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

article thumbnail

US House Passes Tax Extenders Bill

Green Car Congress

The US House of Representatives has passed the “Tax Extenders” Bill (HR4213) by a vote of 241 - 181. the bill amends the Internal Revenue Code to extend through 2010 certain expiring provisions for individual and business taxpayers. The “Tax Extenders” Bill will now go to the Senate. Tags: Brief.

Tax 186
article thumbnail

US House Passes Algae-based Renewable Fuel Promotion Act

Green Car Congress

Harry Teague {NM-2] and 13 others, the bill amends the Internal Revenue Code to: expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer tax credit; and. This would give algae-based biofuel tax parity with cellulosic biofuels with respect to a $1.01

Renewable 210
article thumbnail

US Senators Introduce Bill to Expand Incentives for Natural Gas Vehicles

Green Car Congress

US Senator Robert Menendez (D-NJ) last week introduced new legislation, co-sponsored by Senate Majority Leader Harry Reid (D-NV) and Senator Orrin Hatch (R-UT) that extends and increases tax credits for natural gas vehicle purchasing, refueling and manufacturing. Tags: Natural Gas Policy. Includes conversions and repowers.

article thumbnail

OPINION: Musk’s distaste for Biden incentives would even EV playing field

Teslarati

The idea, while it would eliminate potentially $12,500 from an EV’s price tag (if it’s built in a Union facility in the United States with a U.S.-produced Honestly, I would just can this whole bill. Many people are going to buy the car they want, regardless of what the government might give back in a tax credit.

article thumbnail

Michigan Adds Another $220M in Tax Incentives for Advanced Battery Companies

Green Car Congress

Granholm signed legislation that increases tax incentives for companies that develop and manufacture advanced batteries. The new law adds an additional $220 million in refundable tax credits for companies involved in the development and application of advanced-battery research, engineering, and manufacturing. Governor Granholm.

Michigan 150
article thumbnail

Oregon incentives to shift from hybrids to plug-ins

Plugs and Cars

Oregon's House has passed a bill to end the $1500 tax credit for conventional hybrid vehicles on the last day of 2009. House Bill 2180 , which passed overwhelmingly, Creates specific tax credit for purchasers of plug-in hybrid electric vehicles and related equipment. Source: StatesmanJournal.com.

Oregon 100