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Schumer Proposes Fuel Cell Legislation

Chuck SchumerSenator Charles E. Schumer (D-NY) proposed legislation to improve the tax credit for fuel cell-powered industrial vehicles to include fuel cells designed for heavy machinery and off-highway vehicles. The legislation is intended to amend section 30B of the Energy Policy Act of 2005, also known as the Alternative Motor Vehicle Credit (AMVC). The legislation expands the definition of “fuel cell motor vehicle” to include fuel cell-powered material handling vehicles. “Fuels cells save energy and help the environment regardless of whether they’re attached to a car or a forklift, and this new legislation will ensure that companies that produce either type of vehicle are treated equally,” says Schumer.

Material Handling Equipment Distributors Association