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Clean Fuel News
Louisiana Legislative Update 2017 | Alt Fuel Tax Credits
Posted by admin on 06/02/2017 6:26 pm / Louisiana News
SB 243 by Senator Peacock
Via Randy Hayden, representing the Louisiana Propane Gas Association:
Louisiana SB 243 by Senator Peacock prevents the alternative fuel vehicle tax credit from going back up to 50% (beginning in 2018) and further reduces it from the current 36% to 30%. The bill also requires that a vehicle that was purchased under the tax credit program remain in Louisiana for four years.
The Legislature established the alternative fuel vehicle program in 2009 to: help clean the air, reduce America’s dependence on foreign oil, and help grow Louisiana specific industries.
This bill is scheduled for debate on the floor, Monday, June 5th.
