KS HB2441

Adds compressed natural gas (CNG) and liquefied natural gas (LNG) to the definition of "alternative fuel" under Kansas law, making vehicles and fueling stations using these fuels eligible for existing state income tax credits

Tax credits for qualified alternative-fueled vehicles placed in service after January 1, 2005 equal 40% of incremental or conversion costs, capped at $2,400 for vehicles under 10,000 lbs, $4,000 for vehicles 10,000-26,000 lbs, and $40,000 for vehicles over 26,000 lbs

Tax credits for qualified alternative-fuel fueling stations placed in service after January 1, 2009 equal 40% of total expenditures, capped at $100,000 per station

Since tax year 2013, these credits are only available to corporations subject to corporate income tax, not individual taxpayers

Amends K.S.A. 79-32,201; takes effect upon publication in the statute book