The following list is provided to Clean Cities Coordinators as part of its Technical Response Service, a benefit to U.S. Department of Energy designated Clean Cities coalitions.
Section 40407 also extends the $0.50 per gallon tax credit for biodiesel, agri-biodiesel, or renewable diesel used to produce a mixture containing at least 0.1% gasoline, diesel, or kerosene through December 31, 2017. Alternative fuel blenders must be registered with the IRS. Treasury will issue guidance for how to submit claims for this credit by March 11, 2018.
Section 40403 extends the $4,000 tax credit for the purchase of qualified light-duty fuel cell vehicles through December 31, 2017.
Section 40405 extends the two-wheeled plug-in electric drive motor vehicle tax credit through December 31, 2017. Qualified vehicles are eligible for a tax credit of 10% of the cost of the vehicle, up to $2,500.
Section 40406 extends the tax credit for second generation biofuel producers through December 31, 2017. Second generation biofuel producers registered with the IRS may be eligible for a $1.01 per gallon of biodiesel tax credit.
Section 40412 extends the 50% special depreciation allowance for second generation biofuel production plants through December 31, 2017.
Big thanks to Transportation Energy Partners (TEP) for this information!