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re: alternative fuel credit change in policy FINALIZED.

Posted on 4/27/12 at 9:40 pm to
Posted by LSUTiger13
Morgan City
Member since Feb 2004
23 posts
Posted on 4/27/12 at 9:40 pm to
I do not understand how they can say that a flex fuel vehicle does not qualify under this law the way it is written. The way it reads to me is that the incremental cost of equipment that is related to the capability of using an alternative fuel qualifies for the credit, but the cost that is related to using gasoline does not qualify. It does not seem to exclude the vehicle simply because it also uses gasoline. Under the safe harbor, it appears that even if the cost of the qualifying equipment was $1, the maximum credit could be claimed. The law seems to be poorly written and could lead to a major uproar from the citizens since it seems that many have claimed this apparently legitimate credit.
Posted by bubbz
Baton Rouge
Member since Mar 2006
22815 posts
Posted on 4/27/12 at 11:46 pm to
You said yourself, you had to re-fax your bill of sale. Make it right the first time and you might not be in this position.
Posted by Roofdog
Winnfield
Member since Dec 2006
505 posts
Posted on 4/30/12 at 8:56 pm to
 
LINK
Posted by Roofdog
Winnfield
Member since Dec 2006
505 posts
Posted on 4/30/12 at 8:57 pm to
Pecan man, what do you think?

Posted by Roofdog
Winnfield
Member since Dec 2006
505 posts
Posted on 4/30/12 at 8:58 pm to
Significance of April 30? Anybody know if the E85 is eligible now?
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