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H.R. 5089

Alternative Fuel Tax Credit Extension Act of 2019

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.

Referred to the House Committee on Ways and Means.

Rep. Fletcher, Lizzie [D-TX-7](D-TX)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Alternative Fuel Tax Credit Extension Act of 2019 — Informed