Grove Introduces Natural Gas Vehicle Tax Credit
9/24/2012
HARRISBURG – Rep. Seth Grove (R-Dover) announced today that he is introducing legislation that would improve air quality in Pennsylvania, reduce the cost of shipping goods and allow Pennsylvania companies to rely on domestic fuel. Grove’s legislation would create a tax credit program for businesses replacing diesel vehicles with natural gas vehicles (NGV).

“Natural gas vehicles are more environmentally friendly, cost effective and durable,” said Grove. “By encouraging businesses to invest in natural gas vehicles, we will be laying the groundwork to support natural gas fueling stations throughout the state. Once these are in place, we will start to see NGVs available for family and commuter vehicles. This will be a monumental step toward ending our dependence on foreign oil.”

House Bill 2620 would institute a tax credit for businesses of up to $12,500 per heavy-duty NGV purchased. The program would last for three years.

Grove noted that replacing one diesel trash truck with a natural gas trash truck is the equivalent of removing more than 500 cars from the road.

According to the U.S. Department of Energy, NGVs produce between 60 percent to 90 percent less smog and between 30 percent to 40 percent less greenhouse gas emissions. Nearly 90 percent of natural gas is produced in the United States.

“Natural gas is a very inexpensive fuel source, and as we watch gasoline prices tick closer to $4 per gallon, it is an attractive alternative for us all,” said Grove. “Because natural gas is being produced right here in Pennsylvania, supporting this industry also supports job creation in the Commonwealth.”

In years past, Pennsylvania offered $500 rebates to consumers who purchased hybrid vehicles. This program spurred many residents to invest in more fuel-efficient hybrid vehicles.

House Bill 2620 is awaiting the consideration of the House Finance Committee.

More information about Grove and his legislative priorities is available at www.RepGrove.com and www.Facebook.com/RepSethGrove.

State Representative Seth Grove
196th District, Pennsylvania House of Representatives
Media Contact: Nicole Wamsley
nwamsley@pahousegop.com
717.783.8063
Share |