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AL HB375

Bill

Status

Introduced

2/28/2013

Primary Sponsor

Gregory Wren

Click for details

Origin

House of Representatives

Regular Session 2013

AI Summary

HB375: Alabama Alternative Fuel Policy Act of 2013

  • Establishes the Alabama Alternative Fuel Policy Act of 2013 to encourage use of vehicles powered by compressed natural gas, electricity, fuel cells, hybrid technology, liquefied natural gas, and propane through tax credits and incentives.

  • Provides nonrefundable income tax credits up to $1,500 for acquiring qualified alternative fuel vehicles (limited to 5,000 vehicles per fuel type) and credits up to 30% of refueling equipment costs, with unused credits carriedforward for five years.

  • Creates quarterly payment incentives for in-state commercial biodiesel and cellulosic biofuels producers ($900,000 per quarter for biodiesel; $1,250,000 for cellulosic biofuels), administered by the Center for Alternative Fuels, expiring after five years.

  • Exempts vehicles bearing HOV lane decals from toll charges on Alabama toll roads, bridges, and tunnels, and allows Department of Transportation to designate HOV lanes for low-emission and alternative fuel vehicles.

  • Establishes that electric vehicle charging stations are voluntary to install, that charging station operators need not be deemed electricity retailers, and that the Public Service Commission has no jurisdiction over charging station rates or fees.

Legislative Description

Compressed natural gas, liquefied natural gas, propane, hydrogen fuel cell, electricity, hybrid technology, income tax credits and other incentives for using vehicles operating such fuels, Alternative Fuel Policy Act, Secs. 2-33-1, 2-33-2, 6-5-345, 32-5A-360, 37-4-160, 40-18-350, 40-18-351 added; Sec. 23-2-150 am'd.

Taxation

Last Action

Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

2/28/2013

Committee Referrals

Ways and Means General Fund2/28/2013

Full Bill Text

No bill text available