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E85 Infrastructure - Alternative Fuel Vehicle Refueling Property Credit Extended

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All:

The tax extenders package from earlier this week included a key provision for higher blends, specifically E85. The Alternative Fuel Vehicle Refueling Property Credit (AFVRPC) was included for tax years 2018, 2019 and 2020. There are fuel retailers across the country that will be entitled to a tax credit for installing E85 in these tax years. I have included a short summary that you can find here on the law, and how they can file to get their credit: https://ethanolrfa.org/wp-content/uploads/2019/12/Fuel-Retailer-Tax-Extender-Update-12.17.19.pdf  Please share with your fuel retailer contacts in your states as it could be quite a windfall for some.

All the best,

Robert White; RFA

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