2018 Alternative Fuel Tax Incentives Introduced in Congress

December 3, 2018

In November 2018, Rep. Kevin Brady (TX) introduced the Retirement, Savings and Other Tax Relief Act of 2018. The following is a summary of the provisions pertaining to alternative fuels. All credits are made retroactive to 2017.

SEC. 303. Extension of credit for new qualified fuel cell motor vehicles. Extends the credit to December 31, 2018

SEC. 304. Extension of credit for alternative fuel vehicle refueling property. Extends the credit to December 31, 2018

SEC. 305. Extension of credit for 2-wheeled plug-in electric vehicles. Extends the credit to January 1, 2019

SEC. 306. Extension of second generation biofuel producer credit. Extends the credit to January 1, 2019

SEC. 307. Extension of biodiesel and renewable diesel incentives. Extends the credit to December 31, 2018

SEC. 315. Extension of excise tax credits relating to alternative fuels. Extends the credit to December 31, 2018

Source: H.R. 88