Sen. Rob Standridge’s Press Releases

The Senate Finance Committee on Tuesday approved legislation that would modify the existing income tax credit for investments in clean burning fuel property, including compressed natural gas, to encourage public access to CNG fuel.

Under current law, the credit may be claimed for fueling equipment used exclusively for a private fleet. Senate Bill 1711 would allow the credit to be claimed only if the fuel is also made available for sale to the public.
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