HB 2184 Summary

• Changes the supervising department for alternative fuel vehicle refueling property tax credits from the Department of Natural Resources to the Department of Economic Development

• Adds hydrogen, autogas, and liquefied natural gas (LNG) to the definition of alternative fuels for tax purposes

• Establishes a new tax on natural gas, compressed natural gas, and liquefied natural gas used in motor vehicles beginning January 1, 2015, starting at 3 cents per equivalent gallon and increasing to 6 cents by 2019 and 9 cents by 2024 (or 3% of average fuel cost, whichever is greater)

• Phases out alternative fuel decal fees for natural gas-powered vehicles by one-third on January 1, 2015, January 1, 2019, and January 1, 2024, when the fee is fully eliminated

• Extends the sunset date of the alternative fuel vehicle refueling property tax credit program from August 28, 2014 to six years after reauthorization (twelve years total if reauthorized)