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Senate advances clean-air tax credit package after fiscal and constitutional debate
Summary
A second-substitute bill creating five-year income tax credits for alternative-fuel vehicles and clean-burning home appliances advanced to third reading after long debate over fiscal notes, use of income-tax funds, caps and transportation-fund impacts.
Senator Stephen J. Reese introduced a second-substitute version of Senate Bill 36 — a five‑year incentive package that would offer individual and corporate income tax credits for cleaner vehicles and equipment — and the Senate placed the measure on the third‑reading calendar after extended debate.
Reese told the Senate the package aims to reduce emissions by encouraging new vehicles fueled by propane, compressed natural gas or electricity (a credit up to $500 per new vehicle and up to $400 for conversions), to provide smaller credits for pellet and EPA‑certified stoves ($50), and to…
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