US HB5089 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on November 14 2019 - 25% progression, died in committee
Action: 2019-11-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 14 2019 - 25% progression, died in committee
Action: 2019-11-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Alternative Fuel Tax Credit Extension Act of 2019
Sponsors
| Rep. Elizabeth Fletcher [D-TX] | Sen. Markwayne Mullin [R-OK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-11-14 | House | Referred to the House Committee on Ways and Means. |
| 2019-11-14 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5089/all-info |
| Text | https://www.congress.gov/116/bills/hr5089/BILLS-116hr5089ih.pdf |
