113th US Congress Leaves $8K Hydrogen Credit On The Table
For the few who will be purchasing a Toyota Mirai in 2015, you may be out of luck as far as tax savings are concerned. For now, anyway.
Autoblog reports the 113th U.S. Congress has called it a day without renewing an $8,000 tax credit for hydrogen vehicles entered into service after December 31, 2005, and purchased before the same date in 2014. The credit is among other credits that didn’t get the once-over from Congress, who were busy looking over — and renewing a few of — credits from 2013.
That said, Honda wants the credit brought back in time for its FCV’s U.S. showroom arrival in 2016, the next concept version of which is set to bow at the 2015 Detroit Auto Show January. Robert Beinefeld, assistant vice president of the automaker’s Environment and Energy Policy, says his employer is working with “many partners on the legislative front to address this situation,” in the belief that legisators don’t intentionally pick “winners and losers by providing tax credits to some technologies and not others.”
As for Hyundai, whose Tucson Fuel Cell entered Californian showrooms earlier this summer, a representative didn’t give any further comment on the hydrogen credit as of this writing.
Seattle-based writer, blogger, and photographer for many a publication. Born in Louisville. Raised in Kansas. Where I lay my head is home.
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