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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).

Tax 376
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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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Pennsylvania awarding up to $5M to support alternative fuel transportation initiatives

Green Car Congress

The Pennsylvania Department of Environmental Protection (DEP) is accepting grant applications for innovative, advanced fuel, and vehicle technology projects that will result in cleaner advanced alternative transportation within the commonwealth. The AFIG Program is funded by annual gross receipts tax on utilities.

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Texas reinstates incentives for electric and alternative fuel cars

Green Car Reports

After a three-year hiatus, Texas has reinstated purchase rebates for plug-in electric and other alternative-fuel vehicles. 1 can get a $2,500 rebate from the state, according to a report in the Dallas Morning News, in addition to the $7,500 tax credit from the federal government. Buyers of fuel-cell cars.

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Louisiana’s SB 8 Is Hoping To End EV Tax Credits Early

CleanTechnica EVs

The bill proposes to accelerate the sunset date of alternative fueled vehicle (electric vehicles and hybrid electric vehicle) tax credits in Louisiana. In essence, they want to end the tax credits earlier than planned. Louisiana’s Ways and Means will hear SB 8 on Monday, May 24.

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What Businesses Should Know about Changes to the 30C Tax Credit

EV Connect

Since 2018, the gold standard of federal tax credits for EV chargers has been U.S. Code 30C , more commonly known as the "Alternative Fuel Infrastructure Tax Credit" or the “30C Tax Credit.” That being said, for those eligible to receive the 30C tax credit, there is more money available than ever.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before. There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before.