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Methes Energies

Obama Signs Alt Fuels Tax Bill

December 22, 2014 in Alternative Fuels, Biodiesel, CNG, LNG, NGVs, Propane by Rich Piellisch  |  No Comments

Expires Next Week But Allows Large Credits for This Year

President Obama has signed legislation extending the per-gallon alternative fuel and alt fuel infrastructure credits that expired at the end of 2013 through the end of this year. The new law allows firms that sold fuel for natural gas vehicles, or biodiesel, or propane autogas for transportation, or that invested in infrastructure for AFVs, to file for significant tax credits for 2014. updated December 23 and December 29

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