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Arkansas Code Title 15. Natural Resources and Economic Development § 15-13-301. Arkansas Alternative Fuels Development Program

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The Arkansas Alternative Fuels Development Program is established and shall be developed and administered by the Department of Agriculture.

(b) The program shall include four (4) types of incentives:

(1) Capital and operation production incentives for alternative fuels producers;

(2) Production incentives for feedstock processors;

(3) Distribution incentives for alternative fuels distributors; and

(4) Rebate incentives for the:

(A) Differential costs; and

(B) Costs of converting a diesel-powered or gasoline-powered motor vehicle into a:

(i) Dedicated compressed natural gas motor vehicle;

(ii) Bi-fuel compressed natural gas motor vehicle;

(iii) Dedicated propane gas motor vehicle; or

(iv) Bi-fuel propane gas motor vehicle.

(c) The incentives under this subchapter are available only for the following after July 1, 2013:

(1) Capital investments in alternative fuels production facilities, feedstock processing facilities, or distribution facilities;

(2) The production of alternative fuels;

(3) The processing of feedstock; or

(4) The conversion of a diesel-powered or gasoline-powered motor vehicle into a:

(A) Dedicated compressed natural gas motor vehicle;

(B) Bi-fuel compressed natural gas motor vehicle;

(C) Dedicated propane gas motor vehicle; or

(D) Bi-fuel propane gas motor vehicle.

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Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-13-301. Arkansas Alternative Fuels Development Program - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-13-301/

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