MI HB6435

Creates a 30% tax credit for service station owners who convert fuel delivery systems to provide E85 fuel or qualified biodiesel blends for tax years beginning after December 31, 2008 and ending before January 1, 2012, with a maximum credit of $20,000 per taxpayer per year and $1,000,000 total per calendar year.

Establishes a separate 30% tax credit for taxpayers who purchase and install public electric vehicle charging stations during their first tax year beginning after December 31, 2010, with a maximum individual credit of $20,000 and a total cap of $800,000.

Requires taxpayers to obtain certificates from the Bureau of Energy Systems before claiming either credit, with certificates documenting costs incurred and grant amounts received.

Allows the Bureau of Energy Systems to reduce or terminate credits or require repayment if taxpayers stop using E85/biodiesel systems or electric charging stations within 3 years of receiving the credit.

Defines key terms including "charging station," "plug-in electric motor vehicle," "E85 fuel," "biodiesel blend," and "level 2 charging" to establish qualification requirements.