Alternative Vehicle Conversion Credits - Personal (Louisiana)

Summary

Last modified on May 24, 2011.

Financial Incentive Program

Place	Louisiana
Name	Alternative Vehicle Conversion Credits - Personal
Incentive Type	Personal Tax Credit
Applicable Sector	Residential
Eligible Technologies	Renewable Fuel Vehicles, Refueling Stations
Active Incentive	No
Implementing Sector	State/Territory
Energy Category	Renewable Energy Incentive Programs
Amount	Varies
Maximum Incentive	None
Program Administrator	LA Department of Revenue
References	DSIRE

Summary

Louisiana offers state income tax credits worth 20% of the cost of converting a conventional vehicle to run on an alternative fuel, 20% of the incremental cost of purchasing an Original Equipment Manufacturer (OEM) AFV, and 20% of the cost of constructing an alternative fuel refueling station. For the purchase of an OEM AFV, the tax credit cannot exceed the lesser of 2% of the total cost of the vehicle or $1,500. Only vehicles registered in Louisiana are eligible for the tax credit. If the tax credit exceeds the amount of income taxes due or if there are no state income taxes due on the income of the taxpayer, the amount of the credit not used may be carried forward as a credit against subsequent income tax liability for a period of three years.

Eligible alternative fuels include methanol, denatured ethanol, and other alcohols; mixtures containing 85% or more by volume of methanol, denatured ethanol, and other alcohols with gasoline or other fuels; natural gas (compressed or liquefied); liquefied petroleum gas (propane); hydrogen; coal-derived liquid fuels; fuels (other than alcohol) derived from biological materials, including neat (100%) biodiesel and P-Series fuel; and electricity (including electricity from solar energy).

Authorities (Please contact the if there are any file problems.)

Authority 1:	La. R.S. 47:38

Incentive Contact

Contact Name	Public Information - LA DOR
Department	LA Department of Revenue
Address	PO Box 201
Place	Baton Rouge, Louisiana
Zip/Postal Code	70821-0201
Phone	(225) 219-0102
Website	http://www.revenue.louisiana.gov

• Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.