Hatch Seeks Tax Breaks For Using Alternative Fuels
WASHINGTON — Sen. Orrin Hatch has introduced a bill seeking to improve air quality by providing tax breaks for use of cleaner, alternative fuels to power cars such as propane, natural gas, methanol, hydrogen and electricity.
S.1003 -The Alternative Fuels Promotion Act
...His bill introduced Wednesday would create a 50-cent-per-gallon credit for the purchase of most alternative fuels. Also, it would provide a tax credit of 10 percent of the purchase price for vehicles powered by alternative fuels, up to $4,000. It would provide an additional credit of $5,000 for purchase of any electric vehicle with a range over 100 miles. It would also extend a $100,000 credit for construction and installation costs of filling stations for alternative fuel vehicles. "Consumers will never be interested in alternative fuel vehicles until a strong infrastructure is developed for these cars," Hatch said.
Deseret News (Utah) May 15,
1999
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