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AL SB294
Bill
AI Summary
SB294 - The Alabama Alternative Fuel Policy Act of 2013
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Establishes incentive programs to encourage use of alternative fuel vehicles (CNG, LNG, propane, electric, hydrogen fuel cells, and hybrid) through income tax credits up to $1,500 per vehicle, limited to 5,000 vehicles per fuel type, and refueling equipment credits up to 30% of cost or specified dollar amounts by fuel type.
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Creates quarterly payment program administered by Center for Alternative Fuels offering $900,000 per quarter for biodiesel and $1,250,000 per quarter for cellulosic biofuels to qualifying in-state commercial producers, payments capped at $0.20 per gallon and available for five years.
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Exempts qualifying alternative fuel vehicles from tolls on Alabama Toll Road, Bridge, and Tunnel Authority facilities and authorizes Department of Transportation to designate HOV lanes for alternative fuel vehicles with applicable decals and penalties for unauthorized use.
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Limits liability for providers of refueling equipment for alternative fuel vehicles and exempts electric vehicle charging station operators from utility regulation while prohibiting Public Service Commission jurisdiction over charging station rates and fees.
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Appropriates $50,000 for fiscal year 2013 and $150,000 annually for the next five fiscal years to the Center for Alternative Fuels for implementation, with various effective dates ranging from immediate to January 1, 2014.
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 Senate committee on Energy and Natural Resources
3/5/2013