New law provides credits for alternative-fuel trucks
Last Updated: 18:24 June 11, 2014
HB14-1326, sponsored Colorado Rep. Dianne Primavera, D-Broomfield, creates a tax credit for businesses or individuals that purchase light-weight and commercial trucks that run on electricity, hydrogen, compressed natural gas or liquefied petroleum gas.
The bill also clarifies which vehicles are eligible for existing tax credits.
"This new tax credit will spur more investment into these developing technologies and create jobs across Colorado," Primervera said in a prepared statement. "These electric and alternative-fuel trucks will also reduce pollution and make our air cleaner."
More breaking news...
RefactorU obtains provisional license from state
Judge strikes down Longmont fracking ban
Sam's Club buys land at Village at the Peaks
District Judge D.D. Mallard ruled in favor of the state Oil and Gas