NATURAL GAS FOR CARS AND TRUCKS: OPTIONS AND CHALLENGES - Natural Gas-powered Cars and Trucks: Options and Issues - page 22

Table 1. (Continued)

Existing Provisions

P rogram Description Expiration Date Eligible Fuels

Some Recently Exp ired Natural Gas-Related Provisions

Incentives for
alternative fuels

Excise tax credit of 50
cents per gasoline gallon
equivalent for CNG and
liquid gallon of LNG.

2013 LPG, CNG,

LNG, and other
alternative fuels.

Alternative Motor
Vehicle Credit

Separate credits for
vehicles purchased with
certain technologies,
including those with
alternative fuels.

2010 CNG, LNG,

LPG and any
mixture that is at
least 85%
methanol or a
mixture of other
fuels with a
petroleum fuel.
Credit for fuel
cell vehicles
expires at the
end of 2014.

Conversion Kits Credit up to $4,000 for

purchasers of a kit to
convert a vehicle to plug-in
electric vehicle.

2011 Qualified plug-

in electric kits.

Alternative Fuel
Refueling
Property Credit

This tax provision was
originally enacted in 2005
and has been modified and
extended twice. In its last
iteration, consumers
purchasing qualified non-
hydrogen fueling
equipment received a 30%
tax credit up to $1,000;
businesses received a
credit up to $30,000.
(Respective

2013 for all fuels but
hydrogen, which expires
in 2014

Natural gas,
LPG, hydrogen,
electricity, E85,
and some diesel
fuel blends.

hydrogen fueling credits
are up to $1,000 and
$200,000.)

Sources: Internal Revenue Service and CRS Report R42566, Alternative Fuel and
Advanced Vehicle Technology Incentives: A Summary of Federal Programs, by
Lynn J. Cunningham et al.