Greener Gardens bill provides tax incentives

Greener Gardens bill provides tax incentives

Mower Sens. Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.), along with Rep. Peter Welch (D-Vt.) have introduced legislation to offer a 25-percent tax credit toward the purchase of lawn, garden and forestry power equipment that runs on alternative energy.

The Greener Gardens Act tax credit is good up to $1,000. Product purchases that would qualify for the tax credit include equipment that:

* Is powered by a motor drawing current from solar, electricity or rechargeable or replacement batteries

* Has a hybrid-electric train and/or cutting system powered by a generator or electrical storage device combined with a small engine, or

* Is powered by alternative power sources and regulated by the EPA

The act would reduce air pollution more than new EPA guidelines “by providing an immediate incentive for people to purchase clean, alternative fuel engines that emit half of the EPA emissions levels and that operate on little or no fossil fuel,” according to a representative in Leahy’s office.

The Outdoor Power Equipment Institute has thrown its support behind the bill.
http://www.projectgreenblog.com/2009/05/greener-gardens-bill-provides-tax-incentives.html