(April 12) – The House voted 40-21 today to approve the extension of a tax credit that is reducing air pollution in Colorado.
HB13-1247, sponsored by Reps. Crisanta Duran (D-Denver) and Jonathan Singer (D-Longmont), extends to 2021 the innovative motor vehicle tax credit for people who buy an electric- or natural gas-powered vehicle or convert a conventional vehicle to run on an alternative fuel.
“Our clean air is perhaps our most fragile natural resource,” Rep. Duran said. “This is good policy for Colorado.”
The bill also clarifies that plug-in hybrid electric vehicles such as the Chevrolet Volt and Toyota Prius are eligible.
“It’s a win-win when we reduce air pollution and our dependence on foreign oil,” Rep. Singer said. “And we’re supporting small-business jobs at a number of shops in Colorado that specialize in alt-fuel conversions.”