NEW ALTERNATIVE TRANSPORTATION TO GIVE AMERICANS SOLUTIONS ACT OF 2011
A bipartisan proposal introduced in April, 2011 that amends the Internal Revenue Code of 1986 to encourage more domestic production, alternative energy investments and corresponding job creation. The New Alternative Transportation to Give Americans Solutions Act (NATGAS) of 2011 would: • Create an excise tax credit through 2016 for alternative fuels involving compressed or liquefied natural gas
- Create an income tax credit through 2016 for vehicles powered by compressed or liquefied natural gas
- Change the tax credit percentage for vehicles fueled by natural gas or liquefied natural gas
- Allow a new tax credit for the production of certain vehicles
- Extend tax credits through 2016 for property used in refueling vehicles fueled by compressed or liquefied natural gas
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
