Bill seeks tax credits for electric trucks, anti-idling
U.S. Sen. Herb Kohl recently introduced legislation to provide tax credits for buying hybrid, plug-in hybrid and electric trucks, and idling reduction devices.
The Wisconsin Democrat’s bill, the Hybrid and Electric Trucks and Infrastructure Act, was referred to the finance committee with one co-sponsor.
The tax credits would include application to trucks with a gross vehicle weights in several classes, includes those with rating of more than 26,000 pounds and more than 33,000 pounds with a maximum credit of $24,000.
The bill also creates a tax incentive of up to $3,500 for anti-idling infrastructure and anti-idling devices installed on trucks, which would expire before 2014. An example of this credit for infrastructure would apply to truck stops installing electrification units.
Finally, S.1285 would extend the tax credit for recharging and refueling infrastructure for plug-in and alternative fuel vehicles.
Kohl introduced a similar bill in 2009, which was referred to committee with five co-sponsors.