The Car and Truck Fleet and Leasing Management Magazine

Energy Bill Goes to Congressional Conference

September 3, 2003

Members of the Congressional Conference Committee have begun negotiations on the Energy Policy Act of 2003 in an effort to resolve differences between the Senate and House-passed bills.

Prior to leaving for the August recess, Senate leaders scrapped the bill passed by the Senate Energy committee and substituted a bill passed in 2002. That bill, now in conference, included key biodiesel provisions and credits for hybrid electric vehicles. The House bill is silent on both issues.

Specifically, the Senate bill provides for a one-cent reduction in the diesel excise tax per percentage of biodiesel blended with diesel, up to 20 percent (B20). Also included is a Renewable Fuels Standard that calls for the nation’s fuel supply to increase its use of renewable domestic fuels, like biodiesel, to five billion gallons by 2012.

From the National Association of Fleet Administrators Newsletter

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Founded in 1954, the Car and Truck Renting and Leasing Association (CATRALA) had as its credit "To promote sound public policy with respect to the leasing and renting of motor vehicles without drivers."

Read more

Up Next

More From The World's Largest Fleet Publisher