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1V.[essage Page 1 of 2 <br /> COREY Kurt A ,d <br /> From: DAVIS Carlos A <br /> Sent: Tuesday, November 18, 2003 5:49 PM <br /> To: LANKSTON Jeff; COREY Kurt A <br /> Cc: HAYDEN Kristi M; ROMAN Christy L; HANES Kandy L; NICOLSON Keith R; GLOVER Jim D; JONES Eric <br /> R <br /> Subject: FW: Energy Bill Approved <br /> Importance: High <br /> Jeff and. Kurt, <br /> This is what that regional meeting was about that we hosted. for DI?Q several months ago. It appears that we <br /> may be getting really close to getting funding or tax credits to help us expand our environme~ital prograYn. FYI. <br /> Carlos <br /> -----Original Message----- <br /> From: Medearis, Larry [mailto:medeal@portptld.com] <br /> Sent: Tuesday, November 18, 2003 11:03 AM <br /> To: Mrazek, Steven (Steve) <br /> Subject: FW: Energy Bill Approved <br /> Great News! <br /> -----Original Message----- <br /> From: Kolodziej, Rich [mailto:RKolodziej@ngvc.org] <br /> Sent: Tuesday, November 18, 2003 8:55 AM <br /> To: NGV COMM <br /> Subject: Energy Bill Approved <br /> Except for a few administrative issues, the Energy Conference Committee has completed it's work, and will <br /> be sending the final Energy Bill to the Senate and House for action. While there still is an outside chance that the <br /> Senate Democrats could filibuster the bill, that appears unlikely since the bill was carefully crafted in the <br /> conference meeting to get the 60 votes needed in the Senate to defeat a filibuster attempt. The addition of a <br /> substantial new tax credit for biodiesel is believed to be the key_to Senate passage. <br /> While we did not get everything in the final bill that we had lobbied for, this Energy Bill contains more financial <br /> incentives for natural gas vehicles than any federal legislation ever passed --literally hundreds of millions of <br /> dollars in grants and tax credits. In addition, the Bill includes other provisions that will make it easier for us to <br /> expand our market. These include: <br /> • A tax credit for the acquisition of light-, medium- and heavy-duty vehicles that ranges from $2,000 to <br /> $28,000 depending on the vehicle size and emissions. <br /> • An expansion of the tax deduction for new NGV fueling stations from $100,000 to $150,000 and an <br /> extension of that deduction until 2008. <br /> • Anew Green School Bus program under which $140,000,000 has been authorized for 2005 through <br /> 2007 for new alternative fuel school buses. <br /> • An intermodel advanced vehicle demonstration program under which $200,000,000 has been <br /> authorized for 15 cities to demonstrate NGVs and other clean vehicles. <br /> • A mandate that federal agencies must operate their bi-fuel vehicles on the alternative fuel. <br /> <br /> 12/23/03 <br /> <br />