(a) The Arkansas Energy Office of the Arkansas Economic Development Commission shall offer a rebate for qualified clean-burning motor vehicle fuel property.
(b) (1) The rebate for qualified clean-burning motor vehicle fuel property as defined in § 15-10-902(11)(A) and (B) is the lesser of fifty percent (50%) of the cost of the qualified clean-burning motor vehicle fuel property or four thousand five hundred dollars ($4,500) for each motor vehicle.
(2) A qualified clean-burning motor vehicle fuel property is not eligible for a rebate under this subsection if the person or entity applying for the rebate has claimed another rebate or incentive for the same motor vehicle under any other state rebate or incentive program.
(c) The rebate for qualified clean-burning motor vehicle fuel property as defined in § 15-10-902(11)(C) is the lesser of fifty percent (50%) of the cost of the qualified clean-burning motor vehicle fuel property or two thousand five hundred dollars ($2,500) for each qualified clean-burning motor vehicle fuel property.
Section: Previous 15-10-902 15-10-903 15-10-904Last modified: November 15, 2016