Political Quotes

On the recordMay 14, 2020
I rise to talk about the Securing America's Clean Fuels Infrastructure Act, which I am introducing today with my good friend, the senior Senator from Tennessee. Our legislation would improve and expand the existing Alternative Fuel Vehicle Refueling Property Investment Tax Credit, which is commonly known as ``30C.'' The Securing America's Clean Fuels Infrastructure Act is about giving Americans a real choice when it comes to transportation, and it's about economic opportunity at a time when Americans need it most. On America's roads and highways today, gas stations are rarely farther than the next corner or next exit. That's not necessarily true for cleaner fuels. In order to meet our clean air and climate goals and lead the world in clean vehicle manufacturing, Americans must have greater access to hydrogen refueling and electric charging stations. Our legislation improves upon current tax credits to better incentivize companies to make investments today--rather than later--in the construction of clean fuel vehicle infrastructure nationwide. Currently, 30C provides a 30 percent investment tax credit for alternative fuel vehicle refueling property, which includes electric charging stations and hydrogen refueling stations. This tax credit expires on December 31, 2020.…
Said by
Tom Carper
Democratic · Delaware
Source
govinfo.gov
May 14, 2020

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