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Alternative Fuel Tax Credit extended retroactively for 2017

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  • Alternative Fuel Tax Credit extended retroactively for 2017

    The on-again, off-again 50 cent per GGE tax credit was again renewed by Congress today. But only retroactively for 2017.
    http://ngv.com/ngvamerica-applauds-c...dit-extension/

    We shall see what happens for calendar year 2018 in the budget negotiations.

  • #2
    Personally I am thankful for the retroactive excise tax credit. It is awfully hard to plan and promote the industry if we only look backwards.

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    • #3
      Yes, while the retroactive credit is welcome, the problem is that business can't plan for the future - so the credit really doesn't help the industry grow...

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      • #4
        Still scratching my head on this. How do you get a retroactive credit without the bill being reactivated?

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