HEA 1180 Summary

• Modifies natural gas vehicle tax credit program by requiring department approval before claiming credits and limiting annual credits to $3,000,000 or estimated natural gas product tax revenue, whichever is less, with lifetime cap of three times the annual amount.

• Establishes alternative fuel decal system for liquefied petroleum gas vehicles registered in Indiana, with annual fees ranging from $100 to $500 based on vehicle type and weight, effective April 1 of each year through March 31.

• Creates propane dealer licensing requirements with a $50 fee and establishes temporary trip permits for out-of-state alternative fuel vehicles operating in Indiana for 72 hours at $5.50 per permit.

• Modifies compressed natural gas road tax credit for carriers from annual state fiscal year basis to quarterly calendar basis after June 30, 2014, with fixed 12% credit rate.

• Amends commercial vehicle registration provisions to create permanent license plates for fleets of 25+ commercial vehicles, with aggregate electronic registration required beginning January 1, 2016, and includes safety equipment requirements for vehicles using compressed gas as fuel.