The California Renewable Transportation Alliance (CRTA) has joined a coalition of 400 stakeholders urging federal lawmakers to extend the Alternative Fuel Excise Tax Credit (AFTC). The group is seeking the passage of a short-term tax extender package before the 118th Congress adjourns at the end of the calendar year.
In a letter to key Congressional members, the coalition calls for a two-year extension of the AFTC to ensure continued progress in clean transportation deployment and investments, advocating for swift legislative action to maintain this vital incentive. The group also emphasizes the AFTC’s role in promoting clean transportation fuels like renewable natural gas and propane, which help reduce air pollution and support domestic manufacturing.
Unlike other clean fuel incentives, the AFTC is designed with the end user in mind. It is awarded at the point of dispensing, benefiting heavy-duty fleets of all sizes and applications including public and municipal fleets. By helping to reduce overall fleet fueling costs, the AFTC enables a quicker return on investment per vehicle, which in turn encourages ongoing investment in clean technologies and promotes fleet turnover. The program also supplies economic benefits, including job creation in local economies.
This effort was spearheaded by The Transport Project and the National Propane Gas Association. For more details, you can read the coalition press release or view a copy of the letter.