THE SOURCE - Spring 2018 - 25

865333_Electrochemical.indd 1

unable to pass any kind of ACA reform,
modifying the current tax structure
has become increasingly important to
the Republicans. With the Democrats'
numerous "off-cycle" electoral victories,
preventing Republican-led tax reform has
become a major priority. All of this will
lead to posturing in 2018 in preparation
for the midterm elections. For 2018,
we are going to see many "messaging
bills" and votes on bills intended to put
incumbents on the record supporting or
opposing some issue.

BERAD/SHUTTERSTOCK.COM

of the Section 48 credit, reinstatement
credit (per Ways and Means staff). This
of the alternative fuels tax credit and
reduces the value of the credit and
alternative fuels refueling infrastructure
could increase the cost of electricity
credit. APGA will continue to interact
from these sources.
with congressional offices to ensure
* The bill extends the credit for
the tax reform process maintains
residential solar electricity and
APGA priorities.
heating for use other than heating
As mentioned earlier, the first half
swimming pools and hot tubs. This
of 2017 was consumed by repealing/
credit is extended and phased out
reforming the ACA. The second
from 2017 to 2022.
half of 2017 has been consumed by
* The bill repeals the $3/barrel and
Congress trying to reform federal tax
50 -cents-per-1,000 cubic-feet credit for
programs. Because the Senate was
oil and gas production, respectively,
from marginal and stripper wells.
* The bill repeals a deduction for
income from domestic production
activities, including natural gas
production. Companies had been
able to deduct a portion of their
tax paid on domestic production or
taxable wage income from natural gas
production.  This provision could have
an impact on upstream natural gas
production, though it is unclear what
effect it will have on prices or supply.
* The bill repeals the current $7,500 per
vehicle credit on the sale of electric
vehicles (up to 200,000 vehicles per
manufacturer). The bill does not
include natural gas vehicle (NGV) tax
credits that APGA has pushed for. 
* The bill does not propose any
revisions to tax-exempt financing,
which is positive news as APGA had
worked hard to oppose changes that
would have a negative impact on taxexempt financing.
844696_Vivax.indd 1
The House Ways and Means
Committee approved the bill without
significant amendments. The full House
will also consider the bill without
amendments, teeing up any major
changes at the conference committee
once the House and Senate meet to
reconcile differences.
The Senate also began its own foray
into the tax reform effort. In November,
the Senate Finance Committee released
its initial draft legislation, which differed
significantly from the House in many
aspects. The Senate version was much
broader and did not contain any of
the energy provisions in the House.
However, amendments offered in the
Finance Committee contain several
APGA priorities, including reinstatement

11/18/16 1:10 AM

THE SOURCE | SPRING 2018, VOL. 10, ISSUE 3 25
10/04/17 5:42 pm


http://www.vxmt.com http://www.edi-cp.com http://www.edi-cp.com

Table of Contents for the Digital Edition of THE SOURCE - Spring 2018

First Person
APGA Events
Disasters Bring Challenges and Opportunities
Furnace Rule Update
APGA Strategic Planning
Conversation with an APGA member: Tallahassee
NGSA’s Winter Natural Gas Outlook Projects Record Demand, Matched by Robust Storage and Production
Promoting Gas Market Growth
New White Paper Offers Guidance to Natural Gas Utilities on Thriving in a Changing Landscape
Legislative Outlook
Marketing Matters
At Last
Advertiser's Index/ Advertiser.com
THE SOURCE - Spring 2018 - Intro
THE SOURCE - Spring 2018 - ebelly1
THE SOURCE - Spring 2018 - ebelly2
THE SOURCE - Spring 2018 - cover1
THE SOURCE - Spring 2018 - cover2
THE SOURCE - Spring 2018 - 3
THE SOURCE - Spring 2018 - 4
THE SOURCE - Spring 2018 - 5
THE SOURCE - Spring 2018 - 6
THE SOURCE - Spring 2018 - 7
THE SOURCE - Spring 2018 - First Person
THE SOURCE - Spring 2018 - 9
THE SOURCE - Spring 2018 - APGA Events
THE SOURCE - Spring 2018 - Disasters Bring Challenges and Opportunities
THE SOURCE - Spring 2018 - 12
THE SOURCE - Spring 2018 - Furnace Rule Update
THE SOURCE - Spring 2018 - APGA Strategic Planning
THE SOURCE - Spring 2018 - 15
THE SOURCE - Spring 2018 - Conversation with an APGA member: Tallahassee
THE SOURCE - Spring 2018 - 17
THE SOURCE - Spring 2018 - NGSA’s Winter Natural Gas Outlook Projects Record Demand, Matched by Robust Storage and Production
THE SOURCE - Spring 2018 - 19
THE SOURCE - Spring 2018 - Promoting Gas Market Growth
THE SOURCE - Spring 2018 - 21
THE SOURCE - Spring 2018 - New White Paper Offers Guidance to Natural Gas Utilities on Thriving in a Changing Landscape
THE SOURCE - Spring 2018 - 23
THE SOURCE - Spring 2018 - Legislative Outlook
THE SOURCE - Spring 2018 - 25
THE SOURCE - Spring 2018 - Marketing Matters
THE SOURCE - Spring 2018 - 27
THE SOURCE - Spring 2018 - 28
THE SOURCE - Spring 2018 - At Last
THE SOURCE - Spring 2018 - Advertiser's Index/ Advertiser.com
THE SOURCE - Spring 2018 - cover3
THE SOURCE - Spring 2018 - cover4
THE SOURCE - Spring 2018 - outsert1
THE SOURCE - Spring 2018 - outsert2
THE SOURCE - Spring 2018 - outsert3
THE SOURCE - Spring 2018 - outsert4
https://www.nxtbook.com/naylor/PGAQ/PGAQ0218
https://www.nxtbook.com/naylor/PGAQ/PGAQ0118
https://www.nxtbook.com/naylor/PGAQ/PGAQ0417
https://www.nxtbook.com/naylor/PGAQ/PGAQ0317
https://www.nxtbook.com/naylor/PGAQ/PGAQ0217
https://www.nxtbook.com/naylor/PGAQ/PGAQ0117
https://www.nxtbook.com/naylor/PGAQ/PGAQ0416
https://www.nxtbook.com/naylor/PGAQ/PGAQ0316
https://www.nxtbook.com/naylor/PGAQ/PGAQ0216
https://www.nxtbook.com/naylor/PGAQ/PGAQ0116
https://www.nxtbook.com/naylor/PGAQ/PGAQ0415
https://www.nxtbook.com/naylor/PGAQ/PGAQ0315
https://www.nxtbook.com/naylor/PGAQ/PGAQ0215
https://www.nxtbook.com/naylor/PGAQ/PGAQ0115
https://www.nxtbookmedia.com