The Bipartisan Budget Act of 2018 (H.R. 1892) was signed on February 9, 2018. Division D of the Act retroactively extends many tax credits.
There are several Bipartisan Budget Act provisions with implications for Clean Cities portfolio items:
- Alternative Fuel Infrastructure Tax Credit. Section 40404 extends the tax credit for alternative fuel infrastructure through December 31, 2017. Fueling equipment for natural gas, propane, liquefied hydrogen, electricity, E85, and biodiesel are eligible for a tax credit of 30%, up to $30,000. ...