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06-16-2016 by NATSO SenateTax-Writing Committee Considers Energy Tax Policy; No Discussion of Biodiesel

The Senate Finance Committee on May 14 held a hearing on energy tax policy, the first committee hearing on this topic in the current Congress. The truckstop and travel plaza industry’s primary interests in this space at the present time are the $1.00/gallon biodiesel blenders’ tax credit, as well as the $0.50/gallon alternative fuel tax credit and alternative fuel mixture tax credit (applicable to sales of LNG and CNG, among other fuels). These provisions, which are scheduled to expire at the end of 2016, were not discussed at the hearing.

06-16-2016
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05-06-2015 by NATSO Senate Bill Seeks Infrastructure Tax Credit

Sens. Ron Wyden (D-Ore.) and John Hoeven (R-N.D.) on May 3 introduced a measure that would expand the use of tax-exempt bonds and create a new tax credit aimed at increasing private investment in public infrastructure projects.

05-06-2015

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