Colorado legislators OK incentives for alt fuel trucks

Updated May 7, 2014

Colorado lawmakers have approved a measure establishing tax credits incentives for alternative fuel trucks.

The Senate approved HB 1326 27-8 after House members passed it 48-15.

The bill provides a credit to fleets for investing in trucks and heavy equipment fueled by clean burning diesel, natural gas or propane.Additionally, it includes a 25 percent tax credit for EPA SmartWay certified aerodynamic technologies, excluding tires and idle reduction technologies, according to the Colorado Motor Carrier Association.

The legislation now awaits the signature of Democrat Gov. John Hickenlooper.