Padilla, Cortez Masto Urge Expansion of Fueling Credit Access

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TL/DR –

U.S. Senators Alex Padilla and Catherine Cortez Masto led 13 other Senators to call on the Department of the Treasury and the Internal Revenue Service (IRS) to finalize guidelines for and maximize access to the 30C Alternative Fuel Vehicle Refueling Property Credit. Their recommendations would expand eligibility for this tax credit to cover an estimated 32 million additional individuals, including 4.7 million rural residents and 2.1 million people living in poverty. The Senators emphasized the importance of the credit for the Administration’s goal of deploying 500,000 chargers by 2030 and facilitating the fast decarbonization of the transportation sector.


U.S. Senators Push for the Maximization of the 30C Alternative Fuel Vehicle Refueling Property Credit

Senators Alex Padilla (D-Calif.) and Catherine Cortez Masto (D-Nev.) have led a group of 13 Senators in urging the Department of the Treasury and the Internal Revenue Service (IRS) to finalize the guidance for the 30C Alternative Fuel Vehicle Refueling Property Credit. As part of the Inflation Reduction Act, this credit aims to incentivize zero-emission truck stops, intermodal facilities, and warehouse projects.

The proposed changes would expand eligibility to approximately 32 million additional people, including 4.7 million rural residents, and minority groups.

The Senators’ call also includes a request to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel for the provision of safe harbor conditions in the guidance. This move aims to protect taxpayers who have already installed infrastructure and reduce future investment and planning risks.

The Senators emphasized that “efficient implementation of Section 30C is critical to achieving the Administration’s goal of deploying 500,000 chargers by 2030 for swift decarbonization of our transport sector.”

Senator Padilla, a strong advocate for emission reductions, previously led 14 Senators in urging the Joint Office of Energy and Transportation to prioritize zero-emission infrastructure. He also called on the Environmental Protection Agency to set strict emissions rules for heavy-duty vehicles.

The full text of the letter is available here.


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