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On December 17, 2010, President Obama
signed H.R. 4853, the Tax Relief, Unemployment Insurance
Reauthorization, and Job Creation Act of 2010 (Public Law
No: 111-312). This Act extends and reinstates several
alternative fuel tax credits through December 31, 2011. See
the Federal Incentives & Laws Web page for additional
information.
Extended tax credits include:
• Qualified Alternative Fuel Infrastructure Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/351
• Volumetric Ethanol Excise Tax Credit (VEETC):
http://www.afdc.energy.gov/afdc/laws/law/US/399
• Small Ethanol Producer Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/352
• Small Agri-Biodiesel Producer Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/342
The Act also reinstates several tax credits that
expired after December 31, 2009:
• Alternative Fuel Excise Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/319
• Alternative Fuel Mixture Excise Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/417
• Biodiesel Mixture Excise Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/395
• Biodiesel Income Tax Credit:
http://www.afdc.energy.gov/afdc/laws/law/US/396
Special Rule for 2010 Excise Tax Credit Claims:
The Alternative Fuel, Alternative Fuel Mixture, and
Biodiesel Mixture Excise Tax Credits were reinstated
retroactively, meaning taxpayers may submit a one-time claim
for qualified fuel sold or used during the 2010 tax year.
The U.S. Internal Revenue Service (IRS) has issued special
guidance to allow a 180-day period for the submission of
these claims. Please refer to the IRS Notice 2011-10 for
additional information (http://www.irs.gov/pub/irs-drop/n-11-10.pdf).
Expired Incentives:
Two vehicle purchase incentives expired after December 31,
2010, and were not extended:
• Qualified Alternative Fuel Motor Vehicle Tax Credit
• Light-Duty Hybrid Electric Vehicle and Advanced Lean Burn
Vehicle Tax Credit
The descriptions of these expired tax credits, including the
expiration dates, will remain on the Federal Incentives &
Laws Web site until the federal tax filing deadline.
Information provided by the
Alabama Clean
Fuels Coalition
 Kentucky
Clean Fuels Coalition would like to welcome back the Kentucky
Propane Gas Association as a Supporting/Non-Profit Member. “The
Kentucky Propane Gas Association provides its membership with
legislative, regulatory, and operational support, while fostering
fellowship in order to safely expand, enhance, and promote the
growth and professionalism of the propane industry.”—Kentucky
Propane Gas Association.
For more information about the Kentucky Propane Gas Association
visit them online at
http://www.kypropane.org/.
The Kentucky Clean Fuels Coalition would like to
recognize and congratulate two of our valued members, Yum! Brands
Inc. and Thorntons Inc., for being named top places to work in the
Louisville area by the Courier Journal on Sunday January 16, 2011.
Yum! Brands Inc. placed 3rd in best large company to work for, while
Thorntons Inc. placed 6th in the same category.
 The
survey was conducted by WorkplaceDynamics and reached out to almost
876 local companies with 50 or more employees. Employees were asked
to fill out the survey either on paper or online, rating their
experiences on a 7-point scale. Companies with a 30% or greater
response rate were included in the results and were divided into
three size categories—large, mid-sized, and small. Their rankings
were then based solely on employee responses.
Yum! Brands Inc. has been a Gold member of the Kentucky Clean Fuels
Coalition since 2009. Yum! Brands Inc. is based in Louisville, Ky.,
and has more than 36,000 restaurants in over 110 countries. They are
ranked #239 on the Fortune 500 list. Yum! Brands Inc. is
aggressively working to improve the energy consumption by their
companies.
 Thorntons
Inc. has been a Silver member of the Kentucky Clean Fuels Coalition
since 2008. They are headquartered in Louisville, Ky., and have more
than 150 convenience stores in five states.
Congratulations to both members!
 On
January 21, the U.S. Environmental Protection Agency announced E15
blends (15% ethanol/85% gasoline) to be safe for use in all cars and
pickups built in 2001 and later. This decisions builds upon an
October 2010 EPA decision that limited E15 use to just 2007 and
newer vehicles. With 2001 and newer cars and pickups included, EPA
has approved the use of E15 for 62% of vehicles on the road today
according to car industry data. If E15 were used in all vehicles
covered by this decision, the theoretical blend wall for ethanol use
would be approximately 17.5 billion gallons.
Read more of the story at
http://www.ethanolrfa.org/news/entry/e15-decision-opens-blend-to-2-out-of-3-vehicles-more-work-yet-to-be-done/
KCFC
Hybrid School Bus Program Featured in Tucson Clean Cities
Publication
See our news blogs at
http://kycleanfuels.blogspot.com
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