December 27, 2021
In Brief
Hope everyone had a Merry Christmas! TPGA wishes all our members a safe and Happy New Year and we look forward to serving you in 2022.
In this edition of the Monday Morning Messenger, check our Top Story for access to several helpful compliance checklists recently updated by the Railroad Commission of Texas.

Secondly, TPGA continues our Member Perk series, highlighting a membership benefit each week as membership renewals are due by the first of the year. Check our member perk spotlight to see how much of your membership is tax-deductible.

Speaking of taxes, the new 2022 mileage rates are out. Check our third story of the morning for details.

Additionally, many propane commercial fleets and propane companies take advantage of the alternative fuel tax credits. Learn more about the fate of the tax credit for 2022.

Access the latest Winter Weekly Price & Supply Update, export update, PSC catalog, and find the date for Convention in our Quick Links section. 
In this issue

  • In Brief
  • Compliance Checklists
  • Membership Tax Deduction
  • 2022 mileage rates
  • Alternative Fuel Tax Credits
  • Quick Links
Calendar

December 31, 2021
TPGA & PSC Closed in Observance of New Years

December 31, 2021
Alternative Fuel Tax
Credits Expire

January 1, 2022

January 3-28, 2022

January 10, 2022

January 13-February 9, 2022

January 30-February 1, 2022

February 7, 2022
Updated LPG Installation
Checklists from RRC
The Railroad Commission has recently updated its compliance checklists to reflect rule changes effective September 1, 2020.

Access and download the updated compliance checklists below:
Member Perk:
End of Year Tax Deduction
Pay membership renewal before the end of the year
for 2021 tax deduction.
TPGA dues are 93% is deductible.
NPGA dues are 88% deductible. 
Voluntary Assessment is 100% deductible.
IRS issues standard mileage rates for 2022
The Internal Revenue Service issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating a business vehicle.

Beginning on January 1, 2022, the standard mileage rates will be:

  • 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021,

The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile.
Alternative Fuel Tax Credits
The Alternative Fuel Tax Credits (AFTC) are set to expire on December 31, 2021.

The National Propane Gas Association (NPGA) has been focused on securing a long-term extension of the tax provision as part of the infrastructure negotiations. Unfortunately, the tax credit extension was not included in the Infrastructure Investment & Jobs Act, which was signed into law in November.

That said, a five-year extension is included in the House-passed version of the Build Back Better Plan (the Biden Administration’s more expansive infrastructure/social spending package). NPGA understands that a five-year extension is included in the Senate’s proposal, which has not yet been voted on (there is considerable uncertainty around the timing due to the split Senate and concerns about other sections of the bill from Democratic Senators).

The AFTC is the top priority for NPGA at the moment and NPGA continuing engagement with both the House and Senate on the Build Back Better legislation.

NPGA anticipates movement on the package may be delayed until early 2022. TPGA will keep members up to date on any extensions in the new year.
Quick Links
DECEMBER 22, 2021
WINTER FUELS WEEKLY
PRICE & SUPPLY UPDATE
NATIONAL, REGIONAL & STATE
RING IN THE NEW YEAR
WITH SAVINGS!
MEMBERS SAVE AT
PROPANE SERVICE CORP
LP GAS MAGAZINE
PROPANE EXPORTS DROP:
WHAT TO EXPECT NEXT
SAVE THE DATE: JUNE 20-22, 2022
2022 CROSSROADS PROPANE
EXPO & CONFERENCE