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NALP Endorses Federal Tax Credit for Zero-Emission Equipment10-24-23 | Association News

NALP Endorses Rep. Correa's Federal Tax Credit for Zero-Emission Equipment

Transition to Electric Equipment Subsided
by Staff

NALP endorses Rep. Correa (D-CA)'s federal tax credit for zero-emission equipment to help assist business owners in their transition to the electric equipment.

The National Association of Landscape Professionals (NALP) endorsed Representative Correa's introduction of the Promoting Reduction of Emissions Through Landscaping Equipment Act which provides 40% credit for businesses on the purchase of zero-emission equipment for up to $25,000 every year up to $100,000 over the course of ten consecutive years.

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The credit applies to any equipment purchased on or after January 1, 2023, and applies to transforming gas devices to zero-emission.

"This bill, which would help landscape companies offset some of the cost of transitioning from gas to zero-emission equipment, is an important model for legislation supporting the business community while also protecting the environment," said Britt Wood, CEO of the National Association of Landscape Professionals. "We applaud Rep. Correa for his leadership on this important issue."

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