Limiting liability
July 1, 2005 By LP Gas
Accidents happen, and in the propane industry far too many tragic mistakes wind up in a courtroom in search of compensation for property damage, personal injury or even death.
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When the propane industry descends on Capitol Hill May 10-11 to plug its inaugural Propane Days, it will arrive armed with two new, potent pieces of ammunition.
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Conference committee……loses Senate’s deductions for buying clean-fuel cars, credits for buying hybrid and clean-fuel vehicles, and a 50 percent credit for installing clean-fuel refueling stations.
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After failing to get the Senate to approve the comprehensive Energy Policy Act, supporters introduced a smaller package in hopes it would allay fears of reluctant senators about increasing the budget deficit.
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Political action committees (PACs) were created by congressional legislation in 1944. They are usually adjunct organizations of trade association and interest groups.
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Let’s take a look at what The Jobs and Growth Tax Relief Reconciliation Act of 2003 means for you, the business operator.
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Look for another contentious conference over energy legislation in Congress this fall. Rather than slug it out provision by provision on the Senate floor, the Senate has passed the same bill it approved last year.
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Remember the recent electricity shortages that crippled the state of California? You’d think those folks would have learned something about resource over-management after a crisis of that magnitude, right? Guess again.
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Major energy legislation that didn’t quite make it through Congress last year is rapidly taking shape this year. Several House and Senate panels have approved measures including tax and grant programs similar to legislation in the last Congress.
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If and when our country’s leaders ever manage to approve a new national energy policy, the propane industry stands to reap a healthy share of the billions of dollars in incentives proposed for alternative fuel use in the years ahead.
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