Propane GAS Act of 2011
OVERVIEW
What Is It?
The Propane Green Autogas Solutions Act (“Propane GAS Act”, H.R. 2014 / S. 1120) of 2011 would extend for five years federal alternative fuel tax credits for:
- Propane autogas fuel ($.50 / gallon)
- Propane autogas vehicles (50% - 80% incremental cost)
- Propane autogas refueling equipment (30% up to $30,000)
Impact
The Propane GAS Act offers significant economic growth, environmental and energy security benefits to the American economy.
An independent study by ICF International has found that the Propane GAS Act would help the U.S. economy in the following ways:
- Generate an increase in economic activity, peaking between $4 billion and $5.7 billion per year.
- Create 30,000 to 42,000 new jobs by 2016.
- Lower our nation's dependence on foreign oil.
You can download a copy of ICF International's full study, or the study's executive summary.
How You Can Help
ROUSH CleanTech, the NPGA, and our other partners in the propane industry are looking for your help. Whether you're a fleet manager, a propane industry supplier, or a distributor of fuel, there are a few simple ways you can help:
- Familiarize yourself with the benefits of the Propane GAS Act
- Write a letter to your congressional representatives
- Join the National Propane Gas Association as a Member
With your help, we can extend these important tax credits to ensure an even playing field with all the other alternative fuel solutions out there. Please share with us any experiences you have on our Facebook or Twitter pages!
