The State of Montana has established a tax credit for the conversion of gasoline vehicles to alternative fuel vehicles. This credit is available for individuals, corporations, partnerships, and small businesses. Alternative fuel for the purposes of this law means natural gas, liquefied natural gas, liquefied petroleum gas, electricity, hydrogen, or any other fuel if at least 85% of it is methanol, ethanol/other alcohol, ether, or any combination of these.
This credit was repealed under S.B. 399 of 2021.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Montana |
| Incentive Type: | Corporate Tax Credit |
| Web Site: | https://leg.mt.gov/bills/mca/title_0150/chapter_0300/part_0230/section_0200/0150-0300-0230-0200.html |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | Up to 50% of cost |
| Maximum Incentive: |
Vehicles up to 10,000 lbs: $500 Vehicles over 10,000 lbs: $1,000 |
| Technologies: | Passenger Electric Vehicles, Medium-Duty Electric Vehicles, Heavy-Duty Electric Vehicles, Electric School Buses, Electric Transit Buses |
| Sectors: | Commercial |
| Parameters: | The incentive has a minimum of 50.00 % of cost, The incentive has a minimum of $1000.00 |
| Name: | MCA 15-30-2320 |
| Name: | S.B. 399 of 2021 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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