HR 5089
116th Congress
House
Taxation
Alternative and renewable resources
Income tax credits
Motor fuels
Sales and excise taxes
Alternative Fuel Tax Credit Extension Act of 2019
Introduced: November 14, 2019
Introduced by:
Fletcher, Lizzie
Democratic
· Texas
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 14, 2019
Referred to the House Committee on Ways and Means.
Nov 14, 2019
Introduced in House
Plain-English summary
Alternative Fuel Tax Credit Extension Act of 2019
This bill extends and phases out the tax credit for alternative fuels used as a motor fuel, including compressed, liquefied, and renewable natural gas. It provides for a credit equal to the product of (1) 50 cents and the number of gallons of alternative fuel used in certain vehicles before January 1, 2025, and (2) 25 cents for 2025 through 2026. The credit terminates after 2026. The bill also extends outlay payments of such credit through 2026.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1