(a) The Arkansas Energy Office of the Arkansas Economic Development Commission shall offer a rebate for each approved compressed natural gas refueling station, liquefied natural gas refueling station, and liquefied petroleum gas refueling station in an amount equal to the lesser of seventy-five percent (75%) of the qualifying costs of the compressed natural gas refueling station, liquefied natural gas refueling station, or liquefied petroleum gas refueling station or four hundred thousand dollars ($400,000).
(b) The rebate offered under this section does not apply to the following:
(1) The cost of land for the compressed natural gas refueling station, liquefied natural gas refueling station, or liquefied petroleum gas refueling station;
(2) The cost of any buildings for the compressed natural gas refueling station, liquefied natural gas refueling station, or liquefied petroleum gas refueling station; and
(3) Any costs not directly associated with the compression, storage, or dispensing of compressed natural gas or the storage and dispensing of liquefied natural gas or liquefied petroleum gas.
(c) To be eligible for a rebate under this section, a person or entity shall complete and submit an application for the rebate on the forms prescribed by the office.
(d) The office shall ensure that the following criteria are met before providing a rebate under this section:
(1) The applicant is registered as a business entity with the Secretary of State;
(2) The applicant holds a wholesale fuel distribution permit from the Department of Finance and Administration;
(3) The dispenser at the compressed natural gas refueling station, liquefied natural gas refueling station, or liquefied petroleum gas refueling station has been inspected and certified by the State Division of Weights and Measures of the Arkansas Bureau of Standards of the State Plant Board or a registered service agency of the division; and
(4) The applicant meets the siting requirements stated in the National Fire Protection Association's NFPA 52: Vehicular Gaseous Fuel Systems Code, 2013 Edition.
Section: Previous 15-10-902 15-10-903 15-10-904 NextLast modified: November 15, 2016