S. 2070 (112th): Natural Gas Energy and Alternatives Rewards Act

Introduced:
Feb 06, 2012 (112th Congress, 2011–2013)
Sponsor:
Sen. Robert “Bob” Casey Jr. [D-PA]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as S. 656 on Mar 22, 2013. See S. 656 for current action on this subject.

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/6/2012--Introduced.
Natural Gas Energy and Alternatives Rewards Act or the NGEAR Act - Amends the Internal Revenue Code to extend through 2016:
(1) the excise tax credits for alternative fuels and alternative fuel mixtures; and
(2) the tax credit for depreciable property used for alternative fuel vehicle refueling, including property relating to hydrogen.
Amends the Energy Policy and Conservation Act to direct the Secretary of Transportation (DOT) to establish a rebate program through 2016 for the purchase of alternatively fueled buses by:
(1) a public or private entity providing transportation exclusively for school students, personnel, and equipment; or
(2) a public entity providing mass transit services to the public.
Allows such entities a rebate equal to the lesser of 30% of the purchase price of such a bus or $15,000.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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